Word: profit
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Dates: during 1880-1889
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...That a record be kept of the profits made on each member's purchases; and that, at the end of the fiscal year, the net profits of the entire business be divided among the members in the proportion which the gross profit made on each member's transactions bears to the total gross profits made on the transactions of all the members. But before dividing net profits, a certain part, to be determined by the directors is to be retained to cover depreciation of stock, and a further part retained to increase the Society's capital...
Note. - It will be observed that the basis of division is the proportion of profit on each member's business to the profit on the business of all members. The total profit would naturally be larger than that on the business of members, since the Society would expect under the new scheme, to make sales to non-members, and to make a profit on its business with them as well as on its business with members. Other methods of dividing profits are possible; e. g. equal division among members, but the directors recommend the method mentioned as being...
...opening piece of the April number by Francis A. Walker, is an interesting argument on the proposition that the source of business profits is in the intellectual abilities of each business man himself, that the more successful any man may be in business schemes and in business transactions, the larger will his profits be. Mr. Walker makes profits analogous to rent. Rent is the difference between the productive power of any given lot of land and the worst piece of land that it pays to cultivate; and so profit is the difference between the net assets of any business firm...
...gained from a study of such masters of style as the author of "Gringoire" (Booth, by the way, used to act a version of this play) - or of Bossuet - or of one of the writers not included in the readings Aside from this advantage there is the profit and the pleasure which new aspects bring to those who but rarely deign to look at the world through eyes other than their...
Professor Laughlin discusses Mr. Marshall's "Economics of Industry," as far as it concerns "expenses of production," and Richard Aldrich concludes the "Notes and Memoranda," with a cogent and thoughtful essay on "profit-sharing." The number ends with the text of Article 19 of the Constitution of the Canton de Vaud in Switzerland. This law is of especial interest to the students in Political Economy 7, since it explains the "progressive" property tax in Switzerland. The magazine as a whole, is a valuable on and keeps up the high reputation scored by its predecessor...