Business: Cash & Standard

The Federal tax on undistributed corporate earnings might have grieved Business less had it come a year later than it did, because it so happens that working capital is the particular need of industry in 1937. This was made abundantly clear in the first statistical study of the subject published by Business Week last April at the suggestion of Vice President Fenton B. Turck of American Radiator & Standard Sanitary Corp. By the end of last year booming sales had necessitated enormously bigger inventories and inventory costs had jumped with the prices of...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!