Description of the files in the FIRMDATA folder.

FOLDER NAME:  Firmdata
Includes seven files with annual data for each of seven
companies.

FILE NAMES:
Avon.xls - Avon Products
Campbell.xls - Campbell Soup Co
Digital.xls - Digital Equipment
Goodyear.xls - Goodyear Tire & Rubber Co
Hasbro.xls - Hasbro Inc
Johnson.xls - Johnson & Johnson
Three_m.xls - Minnesota, Mining & Mfg Co

DESCRIPTION OF DATA SET:
Each of the seven companies has eight variables for each year
from 1975 to 1994 with the exception of Digital which begins
in 1977.

SOURCE OF DATA SET:
Standard & Poor's Compustat Services, Inc.

NUMBER OF OBSERVATIONS: 20 (18 for Digital)

VARIABLES IN THE FILES: Variable name and description

year  -  Year of data
ltdebt  -  Long term debt, total (millions US$)
sales  -  Sales (net) (millions US$)
income  -  Income before extraordinary items 
sharepr -  Share price, close (dollars and cents US$)  
empl -  Number of employees (thousands)
rdexp  -  Research and development expense (millions US$)
invent  -  Inventories, finished goods (millions of US$)

COLUMN HEADINGS AND FIRST FOUR RECORDS AS THEY APPEAR IN 
THE FILE: (from Avon.xls)

year ltdebt   sales   income  sharepr empl rdexp  invent
  75   8.71  1295.062 139.004 34.875    25 12.805 67.421
  76  6.725  1434.374 168.367 49.5    26.6 13.529 79.003
  77  4.981  1648.471 191.492 48.125  27.3 15.757 93.062