Word: netted
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According to Messrs. Clarke & Creel, the Ringling partnership took in $53,400,000 from 1918 through 1932, an average of about $3,500,000 annually. It paid out about $42,600,000, leaving net profits of nearly $10,800.000, an average of about $720,000 annually. The Government's figures showed that in only four years were earnings less than $500,000, in two other years more than $1,000,000. However, the people who made out the Ringling tax returns claimed the picture was much darker, reporting net profits for the 15 years...
...operating the ship, the company will also receive a subsidy, planned in each case to equalize its operating costs with those of its chief foreign competitor. To be eligible for this subsidy, the company must agree to share all net profits in excess of 10% with the Government and must pay its men wages approved by the Authority. Concerning the act as a whole, most shipping men were enthusiastic. Almost all agreed, however, that its effectiveness will depend upon the calibre of the five men President Roosevelt must appoint to the Maritime Authority within the next 90 days...
...Net of this was that, at 53, Roy Howard was about to become that rare specimen, a U. S. executive who, instead of continuing along a channel of activity into which he has permitted circumstances to push him, insists on his right to climb out and do the job for which he is best fitted and likes most. "I have never been one of those gifted birds who could sit back and say: 'All right boys, go get 'em!'" complains Roy Howard. "I have to say: 'All right boys...
...spending four years and an average $4,000 in college, the survey figures, the average graduate will net $102,000 more than his high-school brother, an amount equal to $100 for every day of class. From its survey, Fidelity Investment Association roundly concluded: "Higher education seems to be one of the safest and most profitable investments in America today...
...most extensive busline business in the U. S. which last year earned net profits of over four and one half million dollars is the (1 Northland Transportation, 2 Transcontinental, 3 Santa Fe Trail, 4 Pan-American, 5 Greyhound Corporation...