Trust Finance: a Study of the Genesis, Organization, And Management of ...
Trust Finance: a Study of the Genesis, Organization, And Management of ...
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In our eReader you can find the full English version of the book. Read Trust Finance: a Study of the Genesis, Organization, And Management of ... 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 Trust Finance: a Study of the Genesis, Organization, And Management of ...
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65 2. Amount expended in revision of grades and align- ment, additional tracks, extension of piers, yards, station and other terminal facilities, improvements of bridges, abolition of grade crossings, and other improvements 6,540,785.34 8. Balance transferred to Extraordinary Expenditure Fund to complete work already authorized in revis- ing grades and alignment and other improvements 1,449,544.07 Total capital expenditures 18,496,859.96 4. Dividends 8,781,170.75 Total $17,277,630.74 ACCUMULATI...ON OP SURPLUS OUT OP PROFITS 161 The large sum of $8,496,359.96, almost equaling the amount paid out to the stockholders, was reserved in order to make the dividends on the stock of the Pennsyl- vania more secure by increasing the margin of profits above the amount which those dividends required.
Notice the three items first mentioned, in reference to this object. T he purchase of securities for a sinking-fund increases the income of the road by the amount of in - terest or dividends on those securitie s.
What to read after Trust Finance: a Study of the Genesis, Organization, And Management of ...?
You can find similar books in the "Read Also" column, or choose other free books by Edward Sherwood Mead to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
65 2. Amount expended in revision of grades and align- ment, additional tracks, extension of piers, yards, station and other terminal facilities, improvements of bridges, abolition of grade crossings, and other improvements 6,540,785.34 8. Balance transferred to Extraordinary Expenditure Fund to complete work already authorized in revis- ing grades and alignment and other improvements 1,449,544.07 Total capital expenditures 18,496,859.96 4. Dividends 8,781,170.75 Total $17,277,630.74 ACCUMULATI...ON OP SURPLUS OUT OP PROFITS 161 The large sum of $8,496,359.96, almost equaling the amount paid out to the stockholders, was reserved in order to make the dividends on the stock of the Pennsyl- vania more secure by increasing the margin of profits above the amount which those dividends required.
Notice the three items first mentioned, in reference to this object. T he purchase of securities for a sinking-fund increases the income of the road by the amount of in - terest or dividends on those securitie s.
What to read after Trust Finance: a Study of the Genesis, Organization, And Management of ...?
You can find similar books in the "Read Also" column, or choose other free books by Edward Sherwood Mead to read onlineMoreLess
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