On Municipal And National Trading
On Municipal And National Trading
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£6,058,500 Yearly allowance for depreciation by Corporation is . 193,274 Extra for depreciation which should be set aside yearly is ..... £5,865,226 Deduct net profit stated by Corporation which now vanishes ..... 378,281 Making the net loss yearly upon the 1029 "repro- ductive undertakings " ... ^5,486,945 I do not pretend to be an authority as to what percentage ought to be written oflF for depreciation, but Mr. Schooling has had a long experience in such matters, and is well qualified to jud...ge. The figure actually taken certainly seems too low, and the difference would convert the small nominal profit into a substantial loss.
Take again the Works Department Committee of the London County Council Surely there should be some good and clear advantage before the ratepayers' money is used to interfere with the building trade.
This amateur Committee carried out for the year ending March 31, 1905, works amounting to £662,000, and have others on hand estimated at £1,352,000.
The average number of workmen employed was 3382, and the amount of wages was £278,000.
What to read after On Municipal And National Trading?
You can find similar books in the "Read Also" column, or choose other free books by Lubbock, John, Sir, 1834-1913 to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
£6,058,500 Yearly allowance for depreciation by Corporation is . 193,274 Extra for depreciation which should be set aside yearly is ..... £5,865,226 Deduct net profit stated by Corporation which now vanishes ..... 378,281 Making the net loss yearly upon the 1029 "repro- ductive undertakings " ... ^5,486,945 I do not pretend to be an authority as to what percentage ought to be written oflF for depreciation, but Mr. Schooling has had a long experience in such matters, and is well qualified to jud...ge. The figure actually taken certainly seems too low, and the difference would convert the small nominal profit into a substantial loss.
Take again the Works Department Committee of the London County Council Surely there should be some good and clear advantage before the ratepayers' money is used to interfere with the building trade.
This amateur Committee carried out for the year ending March 31, 1905, works amounting to £662,000, and have others on hand estimated at £1,352,000.
The average number of workmen employed was 3382, and the amount of wages was £278,000.
What to read after On Municipal And National Trading?
You can find similar books in the "Read Also" column, or choose other free books by Lubbock, John, Sir, 1834-1913 to read onlineMoreLess
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