Word: profits
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Dates: during 1950-1959
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Other financial arrangements include the following points. Sixty percent of all profit would go to the committee, and the rest would be used at the discretion of the organization concerned. In case of additional financial need, the committee would have the power to assess each organization in proportion to its profit over the past year...
...PRESSING question for every U.S. businessman, to say nothing of his stockholders, is: how will profits be in the near future? Very often the answer is gloomy. Executives mutter about the "profit squeeze" and "profitless prosperity," point ominously to figures showing that while sales increased more than 100% in ten years, net profits declined from 5.2% of sales in 1947 to only 3.5% last year. But the figures are misleading. The so-called profit squeeze is more apparent than real, simply because companies are spending so much money on replacement and expansion programs that have cost $264 billion since World...
...standard method of gauging a company's health is to inspect its net profit-its earnings after all costs, taxes, depreciation and interest charges are deducted. In turn, net profit is split into dividends and cash retained for investment. Before World War II, when expansion was comparatively small, such a breakdown gave an accurate idea of profits. But today, because of expansion, many economists, including those at the Federal Reserve Bank of Chicago, think that it gives a misleading impression...
...Chicago Fed argues that profit reports should not be limited to cash available for dividends and retained earnings, but should also include such things as depreciation, i.e., funds set aside to help pay for new plants and replacement-in effect, profits plowed back into the business. To get a better idea of profits, the Chicago Fed uses "gross returns to capital," counts the total profit after taxes, including all depreciation, interest, retained earnings and dividends. On that basis, there is no profit squeeze. Gross profit margins have actually gone up, will total 7.6% on sales...
...flight is a co-operative non-profit venture, with round-trips costs not exceeding $330. The plane will leave Idle-wild Airport for London and Paris June 15 and return September...