91. Other U.S. companies face the same problem, as the stronger dollar reduces the value of overseas sales because the local currencies convert to fewer dollars. 92. Over time, it could also cut into overseas sales. 93. Overseas sales cut the cost of each plane ordered by the Pentagon by spreading out development and overhead costs. 94. Philip Morris gets two-thirds of its profits from overseas sales and enjoys the largest profit margins because of its size. 95. Overseas sales channeled through these subsidiaries escape both sales tax and duties. 96. PT Telkom cut the size of its overseas stock sale, leaving the domestic portion unchanged. 97. PT Telkom cut the size only of its overseas stock sale, leaving the domestic portion unchanged. 98. Profit rose as strong sales in the U.K. and cost-cutting offset the effects of a strong pound and slower overseas sales. 99. Plans by Southern Co. to invest in a state-owned Chinese power company were set back Monday when Shandong International Power Development Co. withdrew an overseas stock sale. 100. Revenue from overseas sales already dwarfs domestic sales for the two top cigarette makers, R.J. Reynolds Tobacco Co. and Philip Morris. |