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TABLE 5.-Corporation returns with balance sheets,1 1948, by total assets classes, for all returns, returns with net income, and returns with no net income: Number of returns, assets and liabilities, compiled receipts, compiled deductions, compiled net profit or net loss, net income or profit less income tax deficit, and dividends paid by type of dividend; also, for returns with net income: Net operating loss deduction, income tax, and compiled net

PART I-ALL RETURNS WITH BALANCE SHEETS [Total assets classes and money figures in thousands of dollars]

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Cash 36

65, 736, 507

719, 405

843, 518

Notes and accounts receivable.

85,895, 688

966, 781

1,382, 713

1,767, 097 3, 195, 141

Less: Reserve for bad debts.

1,298, 567

20, 880

31, 168

Inventories.

48, 293, 412

tions.37 Investments, Government obliga- 104, 819, 408

Other investments 38

Gross capital assets 39 (except land) 180, 561, 966

919, 869

1,366, 022

41, 505

91, 773

84, 201, 909

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76, 062
3, 085, 509
315, 127
836, 725

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Less: Reserves.

64, 224, 879

871, 068

1,088, 720

2, 433, 905

Land.

2, 344, 946

1, 484, 641 7, 110, 795 2, 630, 041

9. 312, 955

321, 052

516, 116

1, 215, 151

1,092, 684

Other assets 40.

11, 837, 616

247, 017

263, 509

547, 111

491, 863

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286, 121

1,047, 766

6,948, 478 15,832, 087 15, 145, 477 17, 361, 661 58, 797, 349 33, 061, 168 75, 044, 807 37, 168, 650 260, 769, 819

493, 331 1, 136, 583 593, 488 149, 632 2, 312, 278 53, 937 1,802, 795 611, 866

4,361, 180 170, 792 4,394, 775 876, 161

983, 073
2, 510, 228
1,599, 382

422, 687
3,619, 607
234, 233
4, 523, 484
636, 470

1,089, 874 2, 410, 051 5, 261, 324 2, 880, 289 22, 593, 483 565, 628 1,626, 059 3,567, 813 8, 445, 945 330, 371 1, 260, 148 5,334, 516 14, 953, 899 624, 568 1,668, 901

816, 232 3,911, 820

6,948, 47815, 832, 087 15, 145, 477 17, 361, 661 58, 797, 349 33, 061, 168 75, 044, 807 37, 168, 650 260, 769, 819

1, 015, 778 387,718

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30, 700, 111

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1.018, 300 2, 115, 221

1,889, 253

1,807, 687

3,937, 034

1,647,061 3, 268, 824❘ 1, 583, 300

8, 100, 239

13

1,050, 766 2,828, 752 1, 417, 022

2,388, 358

988, 110 2,222, 331 15, 449, 314

369, 740

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812,736

2,016, 644

7,734, 24016, 971, 721 520, 676 773, 400

1,016, 799 7,648, 790 756, 414

136, 823, 744 6, 703. 543 34, 675, 839 5, 417, 157 37, 751, 330 356, 998

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TABLE 5.-Corporation returns with balance sheets,1 1948, by total assets classes, for all returns, returns with net income, and returns with no net income: Number of returns, assets and liabilities, compiled receipts, compiled deductions, compiled net profit or net loss, net income or profit less income tax-Continued deficit, and dividends paid by type of dividend; also, for returns with net income: Net operating loss deduction, income tax, and compiled net

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For footnotes, see pp. 346-348.

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TABLE 5.-Corporation returns with balance sheets, 1948, by total assets classes, for all returns, returns with net income, and returns with no

net income: Number of returns, assets and liabilities, compiled receipts, compiled deductions, compiled net profit or net loss, net income or
deficit, and dividends paid by type of dividend; also, for returns with net income: Net operating loss deduction, income tax, and compiled net
profit less income tax-Continued

PART III.-RETURNS WITH NO NET INCOME 4 [Total assets classes and money figures in thousands of dollars]

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