Regulation of Telephone Rates 1913 14 Hearings volume 4
Regulation of Telephone Rates 1913 14 Hearings volume 4
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So that you have nothing now to say in the way of a recommendation of a reduction of our claim for working capital?
A. Xot if I am under the correct impression now. That you cannot draw out that million and a lialf.
0. In the last hearing you endeavored to give the Com- mission your estimate of the value or cost of this property, and, as I understand your method, you took Exhibit TT, page 116b. Which gave the auditor's book value, and from that, as Edward JJ'. Bcwis. L 17a I understoofl you. Yo...u deducted your estimate of accruc'l depreciation?
A. Yes. I did that again this mornincr, more fully.
O. Yes, sir, and what was the result that you got thereby ?
A. About ten million less; about $41, 000, 000.
O. Not in dollars. A\'hat was the thing you got?
A. The cost of the property now in use, less its deprecia- tion, using' your life tables, your percentages.
O. \\ hat did that give your' Did that give you a value, or cost, or what?
A. It gave a value on the basis of cost. It gave what I should call cost less depreciation.
What to read after Regulation of Telephone Rates 1913 14 Hearings volume 4?
You can find similar books in the "Read Also" column, or choose other free books by Pennsylvania Public Service Commission to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
So that you have nothing now to say in the way of a recommendation of a reduction of our claim for working capital?
A. Xot if I am under the correct impression now. That you cannot draw out that million and a lialf.
0. In the last hearing you endeavored to give the Com- mission your estimate of the value or cost of this property, and, as I understand your method, you took Exhibit TT, page 116b. Which gave the auditor's book value, and from that, as Edward JJ'. Bcwis. L 17a I understoofl you. Yo...u deducted your estimate of accruc'l depreciation?
A. Yes. I did that again this mornincr, more fully.
O. Yes, sir, and what was the result that you got thereby ?
A. About ten million less; about $41, 000, 000.
O. Not in dollars. A\'hat was the thing you got?
A. The cost of the property now in use, less its deprecia- tion, using' your life tables, your percentages.
O. \\ hat did that give your' Did that give you a value, or cost, or what?
A. It gave a value on the basis of cost. It gave what I should call cost less depreciation.
What to read after Regulation of Telephone Rates 1913 14 Hearings volume 4?
You can find similar books in the "Read Also" column, or choose other free books by Pennsylvania Public Service Commission to read onlineMoreLess
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