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Documenti ispano-genovesi dell'Archivio di Simancas

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Metadata: Documenti ispano-genovesi dell'Archivio di Simancas

Monograph

Identifikator:
1777318467
URN:
urn:nbn:de:zbw-retromon-161768
Document type:
Monograph
Author:
Eckert, Max http://d-nb.info/gnd/115861319
Title:
Meer und Weltwirtschaft
Place of publication:
Berlin
Publisher:
Zentral-Verl.
Year of publication:
1928
Scope:
79 Seiten
graph. Darst., Kt.
Digitisation:
2021
Collection:
Economics Books
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Chapter

Document type:
Monograph
Structure type:
Chapter
Title:
III. Weltverkehr und Weltwirtschaft zur See
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 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

Q2 VALUATION, DEPRECIATION AND THE RATE-BASE 
For each dollar invested the second year: 
a(x+d2+a(z+é)3+ --- + adollars 
| HE + 2)» — 1] dollars. 
For each dollar invested the nth year: a dollars. 
Therefore the total amount S, in the replacement fund at 
the end of the nth year, after deducting the $1 replacement 
requirement of that year: 
S. = Zatti (14+) t—14+---+(@+13) —1]—1 (1) 
S,= 42a = Dl —nf x (2) 
So =2l@ +a — @ +4) — mi] — 1. (3) 
There will be in the replacement fund for each dollar annually 
invested: 
At the end of the (# + 1)st year: 
Spi1 = Sn (1 +1) + na — 1. 4) 
At the end of the (n + 2)d year: 
Sez = S, (1 +12)2 + (ma — 1) (1 +14) + na — 1. (5) 
At the end of the (# + 3)d year: 
Seis =S, (1 +128 + (na — 1) (1 +7) 
+ (na —1) (1414) +na—1, (6) 
and so on; and at the end of the mth year: 
Sm =S, (1 +3) + (na — 1) (1 +2)! 
+ ma —1)(@ +24 os +e —1. (7) 
Substituting the value of S, and summarizing the series: 
a ; Nis ; Rossin 
Sr =5[( + dyn — (1 + Om — i (1 + 5)" 
— +d + Ea +r — dma — 1), ©) 
or 
\ <i
	        

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