Word: nets
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Dates: during 1940-1949
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...stockholders who gathered in Manhattan's Town Hall last week, President Mack had some more bad news. Pepsi's 1948 net had dropped to $3,152,817 (from $6,769,834 in 1947), and its first-quarter sales for 1949 were below those of the same period in 1948. Nevertheless, Mack was sure the worst of the company's postwar readjustment would be over in another six months...
...built into two small boxes mounted on a trailer (to be pulled by a car or jeep), has been developed by the Sun Oil Co. Starting from a known elevation, an odometer records distance traveled. A pendulum indicates up & down grades, and an electronic calculator works out, by trigonometry, net changes in altitude. Valuable in oil prospecting, the apparatus enables height surveyors to work three times as fast as they could by rod sighting, saves them from such occupational hazards as sunstroke and frostbite. ¶An electronic I.F.F. (identification, friend or foe) device which can be coupled directly with...
...exceed an overall increase of 15% over the rental of June 1947. The House bill provided for a "reasonable return" to the landlord but didn't say how it was to be determined. In the end, Senate and House conferees compromised on a provision insuring landlords "a fair net operating income," to be determined by national and local rent officials...
...drilling a new well would be subject to tax whether oil was found or not. Extra-legal riders of one sort or another jacked royalties as high as 25%; the total government take, in taxes and royalties, sometimes ran over half the value of a company's net revenue. "Colombia," growled an oilman in Bogota, "is the graveyard of oil profits from other countries...
...According to the regulations voted by the Faculty, a freshman or sophomore in good standing but net on the Dean's List who is absent from his last college exercise before or his, first college exercise after the April recess will be subject to disciplinary action...