Broadcasting Telecasting (Apr-Jun 1957)

Page scan 0001024 from Broadcasting Telecasting

Record Details:

Title:
Broadcasting Telecasting
Date:
Apr-Jun 1957
Publisher:
Washington, D.C. : Broadcasting Publications Inc.
Volume:
Broadcasting Telecasting
Leaf #:
0001024
Language:
English
Subjects:
radio and television periodical, Broadcasting -- United States -- Periodicals
Collection:
Broadcasting & Recorded Sound
Format:
Periodicals
Contributor:
Library of Congress, MBRS, Recorded Sound Section
Sponsor:
Library of Congress, Motion Picture, Broadcasting and Recorded Sound Division
Coordinator:
Media History Digital Library
Date Added:
June 13, 2024
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TO DISTINGUISH BETWEEN is to distinguish between a billion dollars which a company may take in as a total for a year's sales, and the seven cents profit left out of each dollar. After Republic Steel pays 47.5t of its revenue for materials and supplies, 32.9^' of its revenue dollars for wages, and fringe benefits for 70,000 employees, 8.8^ for taxes, 3.5^ set aside as depreciation, depletion and amortization to provide the money to replace old, worn-out machinery, 0.1 ^ interest on borrowed capital, About H' is left out of each dollar, which is apportioned approximately: — 3^ dividends to 90,421 stockholders — At company growth through new facilities and products. Many people, including some employees of the industry, erroneously believe that steel profits are as high as 25 cents on the dollar. Actually, Republic's profits of 7% are fairly typical of the steel industry. REPUBLIC STEEL General Offices • Cleveland 1, Ohio Page 142 • May 13, 1957 Broadcasting • Telecasting