REVENUE] 
TABLE 11d.— NET WORTH RATIOS BY SAMPLE YEARS 
Frequency distributions of the ratio for public utility 
companies in selected typical years. 
Fairly 
War vear Sony ee of Recent year 
: 3 : epression of prosperity 
with high year with a 
¢ : : and declining and normal 
Prosperivy RLS activity activity 
Ratios activity . 
G _ 
RPS 19172 1919 1921s 1924s 
Fre- | Per- Fre- | Per- Fre- | Per- Fre- | Per- 
quen- | cent- quen- cent- quen- cent- quen-| cent- 
cies | ages cies | ages cies ages | cies | ages 
Wotal.sn oh ae on vate. 2 SRL 20 R100 NY 52 100: 157 5100.7 ¥ 162-3100. 
D0-079" fib or. i SE 9.2 12 | 7.9 ONE 57 6 3.7 
(08-1 80. ibn at 7 SAD 13. 302315. 1 23 ' 14.6 21 | 13.0 
16-000. rE Aedes TY 11. Tans SSH 1S 20 Ia 
4 -SUGL LL Xe eas SS 20.395 | 1673 | 29NNR1S5.S 3310820. 4 
32-399 fei Re a 15.8 Bt 217 5 hn 28 17.3 
Ld TO Lt 2 9.9 i : 5 14.2 
A058. rl ah i =I? gi 14 ; 8.0 
36-630. 0a ve on g 3.3 12 7s 4.9 
G4-TU0 0 Ler es] La 7 45 es. 7 
0 vn TA 2 Gill I 1.2 
BOER clint don OO 1.7 a 
B2B80 li na ae ; 
000 re is sei: NE > 
Averages: 
Approximated Mode 28.2 34.7 29.1 ‘ 
2Following the indications of the Harvard B Curve. 
28.7 
L301]