Railroad Valuation and Fair Return : A Study of the Basis, Rate, and Related Problems of Fair Return for American Railroads / Shao-Tseng Wu.

Format:

Book

Author/Creator:

Wu, Shao-Tseng, Author.

Contributor:

Johnson, Emory R.

Series:

Anniversary Collection

Language:

English

Subjects (All):

Railroads and state--United States.

Railroads and state.

Railroads--Freight--Rates.

Railroads.

Physical Description:

1 online resource (236 p.) : 4 charts

Edition:

Reprint 2016

Place of Publication:

Philadelphia : University of Pennsylvania Press, [2016]

Language Note:

In English.

Summary:

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

Contents:

Frontmatter

Foreword

Preface

Contents

1. Introduction

2. Fair Value for Rate-Making Purposes

3. Original Cost and Cost of Reproduction

4. Depreciation, Intangible Values, and the Future Rate Base

5. Economic Analysis of Fair Return

6. Criteria of a Fair Rate of Return

7. The Statutory Rate of Return for Steam Railroads

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

Notes:

Description based on online resource; title from PDF title page (publisher's Web site, viewed 23. Jul 2020)

Description based on publisher supplied metadata and other sources.

ISBN:

9781512809237

1512809233

OCLC:

979911671