The Formal Work Product of the Federal Power Commissioners
The Formal Work Product of the Federal Power Commissioners
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In our eReader you can find the full English version of the book. Read The Formal Work Product of the Federal Power Commissioners Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book The Formal Work Product of the Federal Power Commissioners
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Suspended them until February of 1969 when they became effective sub- ject to refunds. The Company and the F. P. C. Staff both made a presen- tation of evidence on the minimum allowable rate of return, in order to justify these or lower prices. The evidence was based on actual costs of debt interest in the review or "locked- in" period from June, 1968 to February, 1969, and also on actual rates of return on equity of "comparable" companies in the same period. These calculations were supposed to... show the opportunity costs of investors -- if they did not receive comparable interest and comparable profit rates from the Florida Company in the future, then they would withdraw capital from this firm so that final gas service would no longer be "assured. " But the Com- missioners did not accept the methods used in these calculations -- "we have repeatedly stated that the relative weight to be given the varying factors (in rate of return) does not lend itself to precise 1 mathematical determination, " nor did they agree with the final rate estimates of either the Company or their own staff.
What to read after The Formal Work Product of the Federal Power Commissioners?
You can find similar books in the "Read Also" column, or choose other free books by Paul W Macavoy to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Suspended them until February of 1969 when they became effective sub- ject to refunds. The Company and the F. P. C. Staff both made a presen- tation of evidence on the minimum allowable rate of return, in order to justify these or lower prices. The evidence was based on actual costs of debt interest in the review or "locked- in" period from June, 1968 to February, 1969, and also on actual rates of return on equity of "comparable" companies in the same period. These calculations were supposed to... show the opportunity costs of investors -- if they did not receive comparable interest and comparable profit rates from the Florida Company in the future, then they would withdraw capital from this firm so that final gas service would no longer be "assured. " But the Com- missioners did not accept the methods used in these calculations -- "we have repeatedly stated that the relative weight to be given the varying factors (in rate of return) does not lend itself to precise 1 mathematical determination, " nor did they agree with the final rate estimates of either the Company or their own staff.
What to read after The Formal Work Product of the Federal Power Commissioners?
You can find similar books in the "Read Also" column, or choose other free books by Paul W Macavoy to read onlineMoreLess
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