Texas Instruments Inc.’s net jumped 965% to...
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Texas Instruments Inc.’s net jumped 965% to $309 million for the year on sales of $5.595 billion, compared to $29 million of income on $4.974 billion of sales in 1986. The Dallas firm said there was $217 million in profit from operations for 1987, compared to $102 million in 1986. There was a profit sharing accrual of $70 million for the year, representing 3.8% of eligible payroll; no accrual for profit sharing was made in 1986.
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