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echo: barktopus
to: Bill Lucy
from: Gary Britt
date: 2005-12-12 11:32:02
subject: Re: CAT gets some teeth

From: "Gary Britt" 

sure there is for various general categories, and it is certainly a gauge
of whether profits are outrageous or more than normal, which 7% obviously
isn't.  Again that fact is reflected in their share prices as well.

Gary

"Bill Lucy"  wrote in message
news:MPG.1e075ebff35628a0989769{at}news.barkto.com...
> In article , email{at}from_Gary_Britt.org says...
> > Average corporate profits are around 11% Bob, and oil companies profits
are
> > LESS than average on sales and less than average on invested capital.
>
> That's a simplistic rationalization of a pretty complicated accounting
> issue. There is no real cross-connection between sales and net profit
> among industries.

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