[DOWNLOAD] "Simms V. Light" by Arizona Supreme Court # eBook PDF Kindle ePub Free

July 31, 2021

eBook details

Title: Simms V. Light
Author : Arizona Supreme Court
Release Date : January 21, 1956
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 55 KB

Description

The accounting and engineering staff of the commission made an investigation, including an analysis of the books of the company. As a result of such investigation, the members of the staff at the first hearing presented evidence showing the original book costs of the property less accrued depreciation and customer advances to be $114,158. To this figure was added certain items not disputed herein such as materials and supplies, operating expense reserve, deposits, etc., which produced a total value of $128,884. It is clear that the original order did not take into consideration the reproduction cost of the property but essentially adopted the book cost less depreciation in finding the rate base.