Word: profitable
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Dates: during 1940-1949
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Thus the Navy, in a profit-&-loss communiqué last week, summed the Jap's accomplishments in six weeks of Alaskan warfare. To the U.S. it was some reassurance that things had not gone worse on a front from which news had come chiefly in complaints about the weather that sounded suspiciously like alibis. But still unanswered, even by implication, were such questions as: 1) Can the Japs be dislodged soon? 2) Is Alaska strong enough to withstand an invasion...
Despite troubles and amateur competition, the big fishing companies have done well. Atlantic Coast Fisheries reported $495,000 profit in the year ended April 30, highest since 1928 and seven times the preceding year. Booth Fisheries earned $429,000, highest ever and almost double the year before. But both companies figure the spree is over: their fishing equipment is going to war, their taxes and operating costs are going...
...fifth of the British excess-profits tax gets refunded after the war, making the real British excess-profits tax 80%. The British adopted the 20% refund provisions last year when they found that their 100% levy was slowing down their war effort by depriving business of any profit incentive to produce...
...begins assessing excess profits 5% below the pre-war profit level, so that, for example, a U.S. company whose pre-war earnings were $100,000 would have an excess-profits credit of $95,000 and would, therefore, have to earn $145,000 before its net, after excess-profits taxes, would get back...
...going to profit from Japan's new "Co-Prosperity Sphere" was plain last week to the natives in Japanese-occupied areas of New Guinea. The following Army & Navy proclamations were picked up in Australia: > No commodities may be bought, sold or moved without written permission...