Word: profitable
(lookup in dictionary)
(lookup stats)
Dates: during 1930-1939
Sort By: most recent first
(reverse)
...despite this seeming improvement, there is one factor which only close study of the report brings to light, - namely, that the A.A. has shifted to the University the cost of compulsory physical education. Thus what stands for a small margin of profit might well be taken for a twenty thousand dollar loss...
...analysis of the balance sheets of the Athletic Association for the fiscal year 1935-36, the figure which first strikes the eye is the small but substantial profit that marks the year's operations. Although the few thousand dollars in black ink do not make much of a showing in comparison with the lush days of 1931 and 1932, when Harvard's football team was last riding the crest of success, nevertheless even the small surplus is an encouraging climb from the several gloomy years just past...
However, last year for the first time, the College assumed the expense of compulsory physical education for freshmen, which amounts to approximately $24,000, so that the "profit" shown this year is a profit only when it is remembered that expense amounting to $24,000 have been shouldered by the University...
Although the $4,700 profit is far below the $31,000 surplus reported for the year 1931-32, it is still a considerable gain over the fiscal year which ended in June 1933, and which was remembered for a $57,000 deficit...
Navy work, though the profits are now limited to 10%, is considerably more satisfactory than commercial shipbuilding, which often shows a loss. In 1933 Bath Iron Works reported earnings of less than $19,000. Last year it showed a profit...