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

• Superior document: Title is part of eBook package: De Gruyter University of Pennsylvania Press Package Archive 1898-1999
• VerfasserIn: Wu, Shao-Tseng,
• TeilnehmendeR: Johnson, Emory R.
• MitwirkendeR: Johnson, Emory R.,
• Place / Publishing House: Philadelphia : : University of Pennsylvania Press, , [2016]; ©1930
• Year of Publication: 2016
• Edition: Reprint 2016
• Language: English
• Series: Anniversary Collection
• Physical Description: 1 online resource (264 p.) :; 4 charts

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

Table of Contents

Frontmatter -- Foreword -- Preface -- Contents -- 1. Introduction -- Part I. The Basis of Return -- 2. Fair Value for Rate-Making Purposes -- 3. Original Cost and Cost of Reproduction -- 4. Depreciation, Intangible Values, and the Future Rate Base -- Part II. The Rate of Return -- 5. Economic Analysis of Fair Return -- 6. Criteria of a Fair Rate of Return -- 7. The Statutory Rate of Return for Steam Railroads -- Part III. Related Problems -- 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