Publisher description
Excerpt from Cost, Capitalization From the facts presented in the following pages it is submitted that the Value of railway property in the United States employed in the service of the public is shown by several independent methods of inquiry to exceed their total Net Capitalization. Historically, the cost is shown to be always cumulative, while the capitalization has sometimes been scaled down and millions of expenditures have never been capitalized. Where the Net Capitalization in 1906 has been officially declared to be only $11, 671, 940, 649, the cost or value ascertained, through several processes, is approximated as follows: Construction and Equipment to June 30th, 1905, $13, 000, 000, 000 (Exclusive of appreciation of right of way and terminal rights.) About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works
Similar books
Rate the book
Write a review and share your opinion with others. Try to focus on the content of the book. Read our instructions for further information.
Cost, Capitalization
Book reviews » Cost, Capitalization (Classic Reprint)
|
|
 |
|
|
|
|
