Word: net
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Dates: during 1940-1949
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Cruisers. Of 22 at war's beginning, one armored and two light cruisers had been sunk. In this action three heavies were sunk. Net...
Destroyers. There had been 126 at war's beginning. Eleven had previously been definitely sunk. Two more were sunk in this action. Net...
...most of the difference representing Coster's fictitious "crude drug" inventories. After subtracting $15,725,000 of debentures and some $17,400,000 in creditors' claims, preference and common stockholders are left with around $43,800,000 equity. Last year's indicated net profit...
Since railroad overhead costs are both large and inflexible, an abrupt rise in car-loadings means an even sharper rise in railroad profits. Once the break-even point is passed, "leverage" carries much of the increase in gross directly to net. Thus February carloadings of all Class 1 roads were 23% over 1940, but net operating income (profit before interest and taxes) rose 75%. Two other bullish points are labor and taxes. Shielded by intricate Federal machinery, the railroads have not had a big strike since 1922. By taking the 8%-on-capital option of the excess-profits tax, most...
...From paper mills, cement plants, Army camps Atlantic Coast Line gets many new tons of industrial freight. February gross was $5,629,000, 15% over 1940, best since 1931. But net operating income jumped...