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Railroad Valuation and Fair Return : A Study of the Basis, Rate, and Related Problems of Fair Return for American Railroads /

An estimation and calculation of interest, depreciation, etc., under the "Rule of Rate-making" of the Transportation Act of 1920.

Detalles Bibliográficos
Autor principal: Wu, Shao-Tseng (Autor)
Otros Autores: Johnson, Emory R. (Contribuidor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Philadelphia : University of Pennsylvania Press, [2016]
Edición:Reprint 2016
Colección:Anniversary Collection
Temas:
Acceso en línea:Texto completo
Texto completo
Tabla de Contenidos:
  • Frontmatter
  • Foreword
  • Preface
  • Contents
  • 1. Introduction
  • Part I. The Basis of Return
  • 2. Fair Value for Rate-Making Purposes
  • 3. Original Cost and Cost of Reproduction
  • 4. Depreciation, Intangible Values, and the Future Rate Base
  • Part II. The Rate of Return
  • 5. Economic Analysis of Fair Return
  • 6. Criteria of a Fair Rate of Return
  • 7. The Statutory Rate of Return for Steam Railroads
  • Part III. Related Problems
  • 8. Recapture of Excess Income
  • 9. Equalization of Railroad Earnings
  • 10. Railroad Financial Return since 1920
  • 11. Summary and Conclusions
  • Appendix A: Excerpts from the O' Fallon Decision
  • Appendix B: Selected statistics: railway property investment, net railway operating income and accrued depreciation
  • Appendix C: List of carriers which made payments of one-half of their excess income as tentatively reported for the recapture periods 1920-1928, showing the amount paid by each carrier up to October 31, 1929
  • Bibliography
  • Index