Word: netted
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Dates: during 1960-1969
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Something Alive. The unusual managerial approach has paid off. With five plants in Japan, a joint venture in Thailand, and subsidiaries in seven foreign countries, Honda reported $331.6 million in sales for the year ending Aug. 31, up $15.4 million from fiscal '65. Net profits are up $3,500,000 for the same period. In addition to cycles and cars, Honda produces a profitable range of products including small trucks, multipurpose engines, portable generators, power tillers, outboard motors and lawn mowers. Honda's plans for the future include a full range of automobiles and an airplane engine...
College for Profit. Gibson accounts for about 50% of Hupp sales, and although the parent company showed a $2,600,000 net loss last year, nobody-except perhaps a disgruntled stockholder or two-frets about the expenses of the yearly travel. Neither does the Internal Revenue Service, which accepts it as a business expense. Early mornings are devoted to sales pep talks at "The Gibson College for Profit"; the college awards diplomas. Gibson President Charles J. Gibson Jr., 46, holds awards luncheons, hands out Hollywood-type Oscars to supersalesmen. "They go over particularly well with the womenfolk," he says. Each...
...paper there can't be a U.S. pub- lic-schoolteacher shortage. Each year the nation's colleges turn out 200,000 graduates qualified for teaching, and 150,000 take jobs. That is 50,000 more than the net loss from teachers who retire or quit. Since the school population is growing at about 1,000,000 a year, these graduates should provide one new teacher for every 20 children-an admirable ratio. Yet as schools opened this month, the teacher shortage was the worst since World...
...billion in S.E.T. funds will change hands in the first year, and if everything goes according to plan, and after 1,000 newly hired bureaucrats in the three ministries have finished shuffling papers, the net result will be an estimated $670 million in additional government revenue and a subsidy of $370 million to manufacturers...
...extreme pains not to rock the boat with any overly controversial decisions before Election Day. In this situation, G.O.P. leaders privately concede that they stand scant chance of recovering the 38 House seats they lost in the '64 Donnybrook, figure they would be doing well to score a net gain of 30 or 35, plus one or two in the Senate...