Word: net
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Dates: during 1940-1949
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...cold cream. Total proceeds: about $150,000. Until she learned better, she gave all of it to charity, paid the taxes on it herself. Now she deducts income taxes first, hands out the rest. Her favorite outlet is the American Friends (Quaker) Service Committee, which will receive her net proceeds from Sweetheart Soap...
Radio, the juiciest source of ASCAP royalties, pays the society monthly on a contract basis, muttering horrible epithets. The present contracts, under which individual stations pay 5% of net receipts plus varying fees, networks pay nothing, expire next December. Last month ASCAP revealed the terms of the next contract: 3%-5% for individual stations, 7½% for the networks. Radio paid a total of $4,300,000 last year, would pay as high as $8,500,000 (its own estimate) in 1941. Last week the two major networks, CBS and NBC, gave their answer: nothing doing. For the first time...
...TIME, March 18, you say that General Motors Corp. net earnings "came within sniffing distance of the biggest earnings in the land, the $190,280,877 of unwieldy...
...striking figure: the Corporation's total sales of "goods and services" ($857,100,000) amounted to $3,829 per employe. Another: 1939's 43% rise in gross revenues, at an average of 60.7% of capacity, left Big Steel, after $25,219,677 in preferred dividends, a net of $15,900,257-less than half the deficit piled up in 1938 (with operations...
Today 33-year-old Bob Scherer is a slick-haired epitome of the successful young man who had an idea. His Gelatin Products Co., on Detroit's East Side, is one of the first ten U. S. "ethical"* pharmaceutical houses in net profits. Its new $750,000 plant, its money-making patents, belong to him, his wife and their four children in a family partnership. Last year his Detroit plant turned in a net of $872,000 on sales of $3,800,000. His Canadian plant, across the river at Windsor netted $72,000 more, and the British plant...