Economic Report of the President

TABLE B-86.—Relation of profits after taxes to stockholders' equity and to sales, all manufacturingcorporations, 1947-82Year or quarterRatio of profits after income taxes (annualrate) to stockholders' equity—percent *AllmanufacturingcorporationsDurablegoodsindustriesNondurablegoodsindustriesProfits after income taxes per dollar ofsales—centsAt!manufacturingcorporationsDurableRoodsindustriesNondurable" goodsindustries19471948 ..194919501951 „ .19521953 ..19541955 .19561957 ..19581959 „I960 .. .19611962 ..19631964 ..1965 „19661967 ..19681969 .. .1970 ..19711972 ..19731973- IVNew series:1973: IV1974 ..19751976 ..19771978 ..19791980 .19811979:|11 .HIIV1980:IIIHIIV ..1981:||IllIV ..1982:1 ,||III15.616.011.615.412110.310.59.912 612.310 98.610.4928.99810.311.613 013.411712.111.5939.710612.813.414.314.911613 914.215 016.413 913.615 718116.315.715 413 612.514.013.615.613.412.010110 59.214.415.712.116.913.011.11U10.313.812.811.38.010.48.58.19.610.111.713.814.211.712.211.48.39.010.813.112.913.312.610.313 714.516 015.411211.916.218 414.013.412.610 69.112.612.014.611.69.57.79.25.91 Annual ratios based on average equity for the year (using four end-of-quarter figures). Quarterly ratios based on equity at end ofquarter only.Note—Based on data in millions of dollars.See Note, Table B-85.Source: Federal Trade Commission.16.616.211.214.111.29.79.99.611.411.810.69.210.49.89.69.910.411.512.212.711.811.911.510.310.310.512.614.015.317.112.914.213.814.217.416.315.215.317.818.417.918.016.415.615.215.016.614.914.212.111.612.16.77.05.87.1494.34.34.5545.3484.24.8444.3454.75.25.65.65.05.14.8404.14.34.74.75.65.54.65.45.35.45.74.84.75.66.15.75.35.34.84.54.74.75.34.74.33.83.93.56.77.16.47.7534.54.24.6575.24.83.94.8403.9444.55.15.75.64.84.94.63,53.84.24.74.55.04.74.15.25.35.55.24.04.35.56.04.84.64.43.83.44.44.34.94.23.53.03.42.46.76.85.46.5454.14.34.45 15.3494.44.9484.7474.95.4555.6535.25.0454.54.44.85.06.16.45.1555.35.36.15.65.15.66.36.46.06.15.75.55.05.05.55.14.94.44.24.4261