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Valuation, depreciation and the rate base

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fullscreen: Valuation, depreciation and the rate base

Monograph

Identifikator:
1008918695
URN:
urn:nbn:de:zbw-retromon-20162
Document type:
Monograph
Author:
Jürgensohn, Arved http://d-nb.info/gnd/1045767883
Title:
Weltporto-Reform
Place of publication:
Berlin
Publisher:
Druck und Verlag von Liebheit & Thiesen
Year of publication:
1910
Scope:
1 Online-Ressource (XXIV, 317 Seiten)
Digitisation:
2017
Collection:
Economics Books
Usage license:
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Chapter

Document type:
Monograph
Structure type:
Chapter
Title:
Kapitel VI. Die Transitgebühren im Weltpostverkehr
Collection:
Economics Books

Contents

Table of contents

  • Valuation, depreciation and the rate base
  • Title page
  • Contents
  • Chapter I. Introduction and general notes
  • Chapter II. Definitions
  • Chapter III. Fundamental principles which control when appraisals of public service properties are to serve as a basis for fixing rates
  • Chapter IV. Essentials of value
  • Chapter V. Elements which reduce value
  • Chapter VI. The effect of non-agreement of actual with probable life upon the determination of the depreciation or replacement requirement
    Chapter VI. The effect of non-agreement of actual with probable life upon the determination of the depreciation or replacement requirement
  • Chapter VII. The purpose of the appraisal
  • Chapter VIII. The fixing of rates
  • Chapter IX. Possible procedures when the rates for a public service are to be fixed
  • Chapter X. Notes on the determination of the value of real estate in eminent domain proceedings and for rate-fixing purposes
  • Chapter XI. The value of a water-right and of reservoir and watershed lands
  • Chapter XII. The accounting system
  • Chapter XIII. The valuation of mines and oil properties
  • Chapter XIV. The standard of value
  • Chapter XV. Elements deserving special consideration when rates are to be fixed
  • Chapter XVI. The rate-base and depreciation in recent decisions of the U.S. Supreme Court
  • Chapter XVII. Supplement to valuation, depreciation and the rate-base
  • Index

Full text

432 VALUATION, DEPRECIATION AND THE RATE-BASE 
EXPLANATION OF TABLE 31 
EXPECTANCY AND REMAINING VALUE 
Ari ARTICLES AssuMeED 70 Fam WitEIN A TERM EQUAL TO TWICE 
THEIR ORIGINAL EXPECTANCY 
(Approximate Values Only) 
The expectancy of any article in use, which is still in service- 
able condition, can be approximated from the following tables, 
when the probable life new of other articles of the same class is 
known. There is noted in these tables also the approximate 
remaining value, although this may also be obtained from the 
Amortization or Depreciation Table 33 by entering the same 
with the years of expectancy as elsewhere explained. The ex- 
pectancy noted in Table 31 is based on a reasonable assumption 
of the rate at which a large number of articles of the same prob- 
able life would go out of use (see Chapter VI)* and is in fair 
accord with the expectancy that would be found if all the articles 
were assumed to fail according to the law of probabilities within 
a period equal to twice the probable life term. The strict appli- 
cation of the law of probability under assumptions, relating 
not only to the probable life of any article in question, but also 
to the probability of survivals beyond some period, as, for ex- 
ample, twice the probable life, would be an unnecessary refine- 
ment not justified until a vastly greater mass of data than now 
available, relating to actual life of individual articles in each 
class, has been assembled. 
It may be claimed for this table in its present form that it 
will afford means of making much closer approximation to the 
actual remaining worth of any article than is possible by the 
use of the ordinary amortization tables in which age alone is 
taken into account and in which no distinction is made between 
actual and probable life. 
In this table the expectancy and remaining value are noted 
for any single article, whose probable life when new is known. 
The table has been computed for 4 per cent, 5 per cent, 6 per 
cent and 7 per cent interest per annum. For other interest 
rates, values may be interpolated. 
* Page 104 of “Valuation, Depreciation and the Rate-Base.”
	        

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Valuation, Depreciation and the Rate Base. Wiley, 1927.
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