<PAGE> PAGE 1
000 A000000 09/30/96
000 C000000 005352
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 FEDERATED AMERICAN LEADERS FUND, INC.
001 B000000 811-1704
001 C000000 4122886653
002 A000000 FEDERATED INVESTORS TOWER
002 B000000 PITTSBURGH
002 C000000 PA
002 D010000 15222
002 D020000 3779
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 N
007 B000000 0
007 C010100 1
007 C010200 2
007 C010300 3
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
008 A000001 FEDERATED ADVISERS
008 B000001 A
008 C000001 801-34612
008 D010001 PITTSBURGH
008 D020001 PA
008 D030001 15222
008 D040001 3779
010 A000001 FEDERATED SERVICES COMPANY
010 C010001 PITTSBURGH
010 C020001 PA
010 C030001 15222
010 C040001 3779
011 A000001 FEDERATED SECURITIES CORP.
011 B000001 8-15561
011 C010001 PITTSBURGH
011 C020001 PA
011 C030001 15222
011 C040001 3779
<PAGE> PAGE 2
012 A000001 FEDERATED SHAREHOLDER SERVICES COMPANY
012 B000001 84-1869
012 C010001 PITTSBURGH
012 C020001 PA
012 C030001 15222
012 C040001 3779
013 A000001 ARTHUR ANDERSEN LLP
013 B010001 PITTSBURGH
013 B020001 PA
013 B030001 15222
015 A000001 STATE STREET BANK AND TRUST COMPANY
015 B000001 C
015 C010001 BOSTON
015 C020001 MA
015 C030001 02266
015 C040001 8600
015 E010001 X
015 A000002 BANKERS TRUST CO.
015 B000002 S
015 C010002 NEW YORK
015 C020002 NY
015 C030002 10015
015 E010002 X
015 A000003 BANK OF NEW YORK
015 B000003 S
015 C010003 NEW YORK
015 C020003 NY
015 C030003 10006
015 E010003 X
015 A000004 THE CHASE MANHATTAN CORPORATION
015 B000004 S
015 C010004 NEW YORK
015 C020004 NY
015 C030004 10006
015 E010004 X
015 A000005 MORGAN GUARANTY BANK & TRUST CO.
015 B000005 S
015 C010005 NEW YORK
015 C020005 NY
015 C030005 10015
015 E010005 X
015 A000006 NATIONSBANC CAPITAL MARKETS, INC.
015 B000006 S
015 C010006 RICHMOND
015 C020006 VA
015 C030006 23261
015 E010006 X
015 A000007 NATIONSBANK OF NORTH CAROLINA
015 B000007 S
015 C010007 CHARLOTTE
015 C020007 NC
<PAGE> PAGE 3
015 C030007 28255
015 E010007 X
015 A000008 PNC BANK, NA
015 B000008 S
015 C010008 PITTSBURGH
015 C020008 PA
015 C030008 15265
015 E010008 X
018 000000 Y
019 A000000 N
019 B000000 0
020 A000001 BEAR, STEARNS & CO., INC.
020 B000001 13-3299429
020 C000001 140
020 A000002 JEFFERIES & CO., INC.
020 B000002 95-2622900
020 C000002 135
020 A000003 SALOMON BROTHERS, INC.
020 B000003 13-3082694
020 C000003 96
020 A000004 AUTRANET, INC.
020 B000004 13-2961507
020 C000004 71
020 A000005 LEHMAN BROTHERS, INC.
020 B000005 13-2518466
020 C000005 69
020 A000006 SMITH BARNEY, INC.
020 B000006 13-1912900
020 C000006 57
020 A000007 CANTOR, FITZGERALD SECURITIES CORP.
020 B000007 13-2698893
020 C000007 55
020 A000008 INSTINET CORP.
020 B000008 13-3443395
020 C000008 51
020 A000009 DONALDSON, LUFKIN & JENRETTE SECURITIES CORP.
020 B000009 13-2741729
020 C000009 44
020 A000010 ESI SECURITIES CO.
020 C000010 43
021 000000 1241
022 A000001 B.T. SECURITIES CORP.
022 B000001 13-4941247
022 C000001 6939630
022 D000001 0
022 A000002 SOUNDVIEW FINANCIAL GROUP, INC.
022 B000002 13-2998183
022 C000002 36469
022 D000002 10529
022 A000003 SALOMON BROTHERS, INC.
022 B000003 13-3082694
<PAGE> PAGE 4
022 C000003 0
022 D000003 29219
022 A000004 DEUTSCHE BANK
022 C000004 9053
022 D000004 9867
022 A000005 GOLDMAN, SACHS & CO.
022 B000005 13-5108880
022 C000005 9676
022 D000005 6671
022 A000006 MORGAN STANLEY & CO., INC.
022 B000006 13-2655998
022 C000006 4463
022 D000006 9630
022 A000007 MERRILL LYNCH, PIERCE, FENNER & SMITH, INC.
022 B000007 13-5674085
022 C000007 12204
022 D000007 0
022 A000008 SPEAR, LEEDS & KELLOGG
022 B000008 13-5515160
022 C000008 0
022 D000008 9382
022 A000009 MONTGOMERY SECURITIES
022 B000009 94-1701676
022 C000009 8563
022 D000009 0
022 A000010 FORUM SECURITIES, INC.
022 B000010 62-1287496
022 C000010 0
022 D000010 8314
023 C000000 7033555
023 D000000 87902
024 000000 Y
025 A000001 DEAN WITTER DISCOVER & CO.
025 C000001 E
025 D000001 11000
025 A000002 TRAVELERS GROUP, INC.
025 C000002 E
025 D000002 8194
025 A000003 DELETE
025 D000003 0
025 D000004 0
025 D000005 0
025 D000006 0
025 D000007 0
025 D000008 0
026 A000000 Y
026 B000000 Y
026 C000000 Y
026 D000000 N
026 E000000 Y
026 F000000 N
<PAGE> PAGE 5
026 G010000 N
026 G020000 N
026 H000000 Y
027 000000 Y
028 A010000 48421
028 A020000 0
028 A030000 0
028 A040000 9025
028 B010000 46680
028 B020000 0
028 B030000 0
028 B040000 8977
028 C010000 36904
028 C020000 14345
028 C030000 0
028 C040000 8046
028 D010000 37330
028 D020000 14
028 D030000 0
028 D040000 14721
028 E010000 30905
028 E020000 0
028 E030000 0
028 E040000 10003
028 F010000 30457
028 F020000 1855
028 F030000 0
028 F040000 10806
028 G010000 230697
028 G020000 16214
028 G030000 0
028 G040000 61578
028 H000000 47593
029 000000 Y
030 A000000 1945
030 B000000 5.50
030 C000000 0.00
031 A000000 182
031 B000000 0
032 000000 1763
033 000000 0
034 000000 Y
035 000000 7
036 A000000 N
036 B000000 0
037 000000 N
038 000000 0
039 000000 N
040 000000 Y
041 000000 Y
042 A000000 0
<PAGE> PAGE 6
042 B000000 0
042 C000000 100
042 D000000 0
042 E000000 0
042 F000000 0
042 G000000 0
042 H000000 0
043 000000 1427
044 000000 0
045 000000 Y
046 000000 N
047 000000 N
048 000000 0.000
048 A010000 0
048 A020000 0.000
048 B010000 0
048 B020000 0.000
048 C010000 0
048 C020000 0.000
048 D010000 0
048 D020000 0.000
048 E010000 0
048 E020000 0.000
048 F010000 0
048 F020000 0.000
048 G010000 0
048 G020000 0.000
048 H010000 0
048 H020000 0.000
048 I010000 0
048 I020000 0.000
048 J010000 0
048 J020000 0.000
048 K010000 0
048 K020000 0.000
049 000000 N
050 000000 Y
051 000000 N
052 000000 N
053 A000000 Y
053 B000000 Y
053 C000000 N
054 A000000 N
054 B000000 N
054 C000000 N
054 D000000 N
054 E000000 N
054 F000000 N
054 G000000 N
054 H000000 N
054 I000000 N
<PAGE> PAGE 7
054 J000000 N
054 K000000 N
054 L000000 N
054 M000000 N
054 N000000 N
054 O000000 N
055 A000000 N
055 B000000 N
056 000000 N
057 000000 N
058 A000000 N
059 000000 Y
060 A000000 Y
060 B000000 Y
061 000000 500
062 A000000 N
062 B000000 0.0
062 C000000 0.0
062 D000000 0.0
062 E000000 0.0
062 F000000 0.0
062 G000000 0.0
062 H000000 0.0
062 I000000 0.0
062 J000000 0.0
062 K000000 0.0
062 L000000 0.0
062 M000000 0.0
062 N000000 0.0
062 O000000 0.0
062 P000000 0.0
062 Q000000 0.0
062 R000000 0.0
063 A000000 0
063 B000000 0.0
066 A000000 Y
066 B000000 N
066 C000000 N
066 D000000 N
066 E000000 Y
066 F000000 N
066 G000000 N
067 000000 N
068 A000000 N
068 B000000 N
069 000000 N
070 A010000 Y
070 A020000 Y
070 B010000 N
070 B020000 N
070 C010000 N
<PAGE> PAGE 8
070 C020000 N
070 D010000 N
070 D020000 N
070 E010000 N
070 E020000 N
070 F010000 N
070 F020000 N
070 G010000 N
070 G020000 N
070 H010000 N
070 H020000 N
070 I010000 N
070 I020000 N
070 J010000 Y
070 J020000 N
070 K010000 Y
070 K020000 Y
070 L010000 Y
070 L020000 Y
070 M010000 N
070 M020000 N
070 N010000 Y
070 N020000 N
070 O010000 Y
070 O020000 N
070 P010000 Y
070 P020000 N
070 Q010000 N
070 Q020000 N
070 R010000 N
070 R020000 N
071 A000000 697335
071 B000000 436472
071 C000000 859361
071 D000000 51
072 A000000 6
072 B000000 1584
072 C000000 8185
072 D000000 0
072 E000000 0
072 F000000 2887
072 G000000 349
072 H000000 0
072 I000000 592
072 J000000 56
072 K000000 0
072 L000000 79
072 M000000 7
072 N000000 106
072 O000000 22
072 P000000 0
<PAGE> PAGE 9
072 Q000000 88
072 R000000 10
072 S000000 2
072 T000000 2581
072 U000000 0
072 V000000 0
072 W000000 3
072 X000000 6782
072 Y000000 93
072 Z000000 3080
072AA000000 61183
072BB000000 17946
072CC010000 6065
072CC020000 0
072DD010000 2250
072DD020000 716
072EE000000 14844
073 A010000 0.0000
073 A020000 0.0000
073 B000000 0.3200
073 C000000 0.0000
074 A000000 15
074 B000000 38210
074 C000000 0
074 D000000 0
074 E000000 0
074 F000000 990176
074 G000000 0
074 H000000 0
074 I000000 0
074 J000000 0
074 K000000 0
074 L000000 13672
074 M000000 0
074 N000000 1042073
074 O000000 4653
074 P000000 0
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 868
074 S000000 0
074 T000000 1036552
074 U010000 24921
074 U020000 25689
074 V010000 0.00
074 V020000 0.00
074 W000000 0.0000
074 X000000 67075
074 Y000000 0
<PAGE> PAGE 10
075 A000000 0
075 B000000 924063
076 000000 0.00
077 A000000 N
078 000000 N
080 C000000 0
081 B000000 0
082 B000000 0
083 B000000 0
084 B000000 0
SIGNATURE S. ELLIOTT COHAN
TITLE ASST. GEN. COUNSEL
<TABLE> <S> <C>
<S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 001
<NAME> Federated American Leaders Fund, Inc.
Class A
<PERIOD-TYPE> 6-Mos
<FISCAL-YEAR-END> Mar-31-1997
<PERIOD-END> Sep-30-1996
<INVESTMENTS-AT-COST> 846,927,763
<INVESTMENTS-AT-VALUE> 1,028,386,094
<RECEIVABLES> 13,671,574
<ASSETS-OTHER> 14,967
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1,042,072,635
<PAYABLE-FOR-SECURITIES> 4,652,792
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 868,277
<TOTAL-LIABILITIES> 5,521,069
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 810,558,567
<SHARES-COMMON-STOCK> 24,921,010
<SHARES-COMMON-PRIOR> 23,046,979
<ACCUMULATED-NII-CURRENT> 1,323,485
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 43,211,183
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 181,458,331
<NET-ASSETS> 510,464,473
<DIVIDEND-INCOME> 8,184,750
<INTEREST-INCOME> 1,584,439
<OTHER-INCOME> 0
<EXPENSES-NET> 6,689,275
<NET-INVESTMENT-INCOME> 3,079,914
<REALIZED-GAINS-CURRENT> 43,236,764
<APPREC-INCREASE-CURRENT> 6,065,198
<NET-CHANGE-FROM-OPS> 52,381,876
<EQUALIZATION> 402,371
<DISTRIBUTIONS-OF-INCOME> 2,249,995
<DISTRIBUTIONS-OF-GAINS> 7,749,906
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3,353,366
<NUMBER-OF-SHARES-REDEEMED> 1,922,091
<SHARES-REINVESTED> 442,756
<NET-CHANGE-IN-ASSETS> 219,897,806
<ACCUMULATED-NII-PRIOR> 807,355
<ACCUMULATED-GAINS-PRIOR> 14,818,186
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 2,886,909
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 6,782,163
<AVERAGE-NET-ASSETS> 924,062,962
<PER-SHARE-NAV-BEGIN> 19.780
<PER-SHARE-NII> 0.100
<PER-SHARE-GAIN-APPREC> 1.010
<PER-SHARE-DIVIDEND> 0.090
<PER-SHARE-DISTRIBUTIONS> 0.320
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 20.480
<EXPENSE-RATIO> 1.13
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.000
</TABLE>
<TABLE> <S> <C>
<S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 002
<NAME> Federated American Leaders Fund, Inc.
Class B
<PERIOD-TYPE> 6-Mos
<FISCAL-YEAR-END> Mar-31-1997
<PERIOD-END> Sep-30-1996
<INVESTMENTS-AT-COST> 846,927,763
<INVESTMENTS-AT-VALUE> 1,028,386,094
<RECEIVABLES> 13,671,574
<ASSETS-OTHER> 14,967
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1,042,072,635
<PAYABLE-FOR-SECURITIES> 4,652,792
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 868,277
<TOTAL-LIABILITIES> 5,521,069
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 810,558,567
<SHARES-COMMON-STOCK> 19,340,768
<SHARES-COMMON-PRIOR> 13,186,538
<ACCUMULATED-NII-CURRENT> 1,323,485
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 43,211,183
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 181,458,331
<NET-ASSETS> 396,077,509
<DIVIDEND-INCOME> 8,184,750
<INTEREST-INCOME> 1,584,439
<OTHER-INCOME> 0
<EXPENSES-NET> 6,689,275
<NET-INVESTMENT-INCOME> 3,079,914
<REALIZED-GAINS-CURRENT> 43,236,764
<APPREC-INCREASE-CURRENT> 6,065,198
<NET-CHANGE-FROM-OPS> 52,381,876
<EQUALIZATION> 402,371
<DISTRIBUTIONS-OF-INCOME> 358,797
<DISTRIBUTIONS-OF-GAINS> 5,247,621
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 6,799,155
<NUMBER-OF-SHARES-REDEEMED> 908,727
<SHARES-REINVESTED> 263,802
<NET-CHANGE-IN-ASSETS> 219,897,806
<ACCUMULATED-NII-PRIOR> 807,355
<ACCUMULATED-GAINS-PRIOR> 14,818,186
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 2,886,909
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 6,782,163
<AVERAGE-NET-ASSETS> 924,062,962
<PER-SHARE-NAV-BEGIN> 19.790
<PER-SHARE-NII> 0.020
<PER-SHARE-GAIN-APPREC> 1.010
<PER-SHARE-DIVIDEND> 0.020
<PER-SHARE-DISTRIBUTIONS> 0.320
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 20.480
<EXPENSE-RATIO> 1.92
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.000
</TABLE>
<TABLE> <S> <C>
<S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 003
<NAME> Federated American Leaders Fund, Inc.
Class C
<PERIOD-TYPE> 6-Mos
<FISCAL-YEAR-END> Mar-31-1997
<PERIOD-END> Sep-30-1996
<INVESTMENTS-AT-COST> 846,927,763
<INVESTMENTS-AT-VALUE> 1,028,386,094
<RECEIVABLES> 13,671,574
<ASSETS-OTHER> 14,967
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1,042,072,635
<PAYABLE-FOR-SECURITIES> 4,652,792
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 868,277
<TOTAL-LIABILITIES> 5,521,069
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 810,558,567
<SHARES-COMMON-STOCK> 2,827,793
<SHARES-COMMON-PRIOR> 2,244,614
<ACCUMULATED-NII-CURRENT> 1,323,485
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 43,211,183
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 181,458,331
<NET-ASSETS> 57,924,578
<DIVIDEND-INCOME> 8,184,750
<INTEREST-INCOME> 1,584,439
<OTHER-INCOME> 0
<EXPENSES-NET> 6,689,275
<NET-INVESTMENT-INCOME> 3,079,914
<REALIZED-GAINS-CURRENT> 43,236,764
<APPREC-INCREASE-CURRENT> 6,065,198
<NET-CHANGE-FROM-OPS> 52,381,876
<EQUALIZATION> 402,371
<DISTRIBUTIONS-OF-INCOME> 50,922
<DISTRIBUTIONS-OF-GAINS> 818,012
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 691,126
<NUMBER-OF-SHARES-REDEEMED> 148,369
<SHARES-REINVESTED> 40,422
<NET-CHANGE-IN-ASSETS> 219,897,806
<ACCUMULATED-NII-PRIOR> 807,355
<ACCUMULATED-GAINS-PRIOR> 14,818,186
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 2,886,909
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 6,782,163
<AVERAGE-NET-ASSETS> 924,062,962
<PER-SHARE-NAV-BEGIN> 19.800
<PER-SHARE-NII> 0.020
<PER-SHARE-GAIN-APPREC> 1.000
<PER-SHARE-DIVIDEND> 0.020
<PER-SHARE-DISTRIBUTIONS> 0.320
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 20.480
<EXPENSE-RATIO> 1.92
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.000
</TABLE>
<TABLE> <S> <C>
<S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 004
<NAME> Federated American Leaders Fund, Inc.
Class F
<PERIOD-TYPE> 6-Mos
<FISCAL-YEAR-END> Mar-31-1997
<PERIOD-END> Sep-30-1996
<INVESTMENTS-AT-COST> 846,927,763
<INVESTMENTS-AT-VALUE> 1,028,386,094
<RECEIVABLES> 13,671,574
<ASSETS-OTHER> 14,967
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1,042,072,635
<PAYABLE-FOR-SECURITIES> 4,652,792
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 868,277
<TOTAL-LIABILITIES> 5,521,069
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 810,558,567
<SHARES-COMMON-STOCK> 3,519,988
<SHARES-COMMON-PRIOR> 2,797,212
<ACCUMULATED-NII-CURRENT> 1,323,485
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 43,211,183
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 181,458,331
<NET-ASSETS> 72,085,006
<DIVIDEND-INCOME> 8,184,750
<INTEREST-INCOME> 1,584,439
<OTHER-INCOME> 0
<EXPENSES-NET> 6,689,275
<NET-INVESTMENT-INCOME> 3,079,914
<REALIZED-GAINS-CURRENT> 43,236,764
<APPREC-INCREASE-CURRENT> 6,065,198
<NET-CHANGE-FROM-OPS> 52,381,876
<EQUALIZATION> 402,371
<DISTRIBUTIONS-OF-INCOME> 306,441
<DISTRIBUTIONS-OF-GAINS> 1,028,228
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 808,453
<NUMBER-OF-SHARES-REDEEMED> 147,747
<SHARES-REINVESTED> 62,070
<NET-CHANGE-IN-ASSETS> 219,897,806
<ACCUMULATED-NII-PRIOR> 807,355
<ACCUMULATED-GAINS-PRIOR> 14,818,186
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 2,886,909
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 6,782,163
<AVERAGE-NET-ASSETS> 924,062,962
<PER-SHARE-NAV-BEGIN> 19.780
<PER-SHARE-NII> 0.100
<PER-SHARE-GAIN-APPREC> 1.010
<PER-SHARE-DIVIDEND> 0.090
<PER-SHARE-DISTRIBUTIONS> 0.320
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 20.480
<EXPENSE-RATIO> 1.15
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.000
</TABLE>