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1948: Fiscal year ends; Crosley profits at record high., 7/31/2012, 12:00 am

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  • Crosley@yahoogroups.com
    Reminder from: Crosley Yahoo! Group http://groups.yahoo.com/group/Crosley/cal 1948: Fiscal year ends; Crosley profits at record high. Tuesday July 31, 2012
    Message 1 of 1 , Jul 30 3:46 PM
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      Reminder from: Crosley Yahoo! Group
       
      Title: 1948: Fiscal year ends; Crosley profits at record high.
       
      Date: Tuesday July 31, 2012
      Time: 12:00 am - 12:00 am
      Location: Cincinnati, Ohio., CROSLEY CAR OWNERS CLUB (CCOC) - 4526 29th Avenue, Kenosha, Wisconsin 53140-3044, (262) 652-3034
      Notes: Crosley Motors finishes the fiscal year with record sales of $25,391,627, doubling 1947's gross volume, and earnings of $2.63 a share of common stock as compared with 1947's 84 cents a share. The net was after expenses and amortization of $1,556,107 and taxes of $1,156,205. $480,099 was charged to current income for tooling for the new station wagon. Working capital is at $3,401,191, from $1,992,213 a year earlier. Current assets are $5,646,252; liabilities are $2,245,060.
       
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