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Page 41
... revenue and expense figures for April , 1967 , an essentially normal month , were substituted for those of April , 1968. Thus , the basic revenue and expense figures from which we start reflect nothing of the adverse events which begin ...
... revenue and expense figures for April , 1967 , an essentially normal month , were substituted for those of April , 1968. Thus , the basic revenue and expense figures from which we start reflect nothing of the adverse events which begin ...
Page 56
... revenue deductions $ 37,951,924 15. Net operating income ( Loss ) $ ( 1,434,556 ) 16. Operating ratio 17. Rate of return on operating revenues 103.93 % ( 3.93 ) % It is quite obvious that if the present fare structure is maintained ...
... revenue deductions $ 37,951,924 15. Net operating income ( Loss ) $ ( 1,434,556 ) 16. Operating ratio 17. Rate of return on operating revenues 103.93 % ( 3.93 ) % It is quite obvious that if the present fare structure is maintained ...
Page 64
... revenue margin . He explained that the operating ratio is the ratio of all expenses , including depreciation and all taxes , to revenue . The recip- rocal of that ratio equals the margin of return or revenue margin . It is Mr. Kosh's ...
... revenue margin . He explained that the operating ratio is the ratio of all expenses , including depreciation and all taxes , to revenue . The recip- rocal of that ratio equals the margin of return or revenue margin . It is Mr. Kosh's ...
Page 65
... revenue margin , and the stand- ard deviation of the margin ( that is , a measure of the scat- ter or dispersion of ... revenue margin . He did this to test the hypothesis that investors would require a higher return for transit ...
... revenue margin , and the stand- ard deviation of the margin ( that is , a measure of the scat- ter or dispersion of ... revenue margin . He did this to test the hypothesis that investors would require a higher return for transit ...
Page 67
... revenue margin of 4.15 % ( its 1958-1966 average ) in 1966 , its revenue mar- gin would have been $ 1,434,000 . At the end of 1966 , inter- est requirements were $ 1,294,000 ; earnings thereby covered interest 1.1 times , which Mr. Kosh ...
... revenue margin of 4.15 % ( its 1958-1966 average ) in 1966 , its revenue mar- gin would have been $ 1,434,000 . At the end of 1966 , inter- est requirements were $ 1,294,000 ; earnings thereby covered interest 1.1 times , which Mr. Kosh ...
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Common terms and phrases
additional adjustments amended amount applicable architects Association authorized bill budget bus purchase buses capital cents Chairman Commission Commissioner Committee company's Congress COREY Corporation Act cost court D. C. Transit decedent deductions directors District Government District income tax District of Columbia Dowdy employees Engine 30 estate tax exemption expenditures expenses fare increase FAUNTROY Federal income tax fessional filed fiscal franchise tax funds future annual period HAHN health maintenance organizations HUNGATE incorporate individual Internal Revenue Code Internal Revenue Service JOHN DOWDY legislation liability licensed Maryland ment Metropolitan MIDDLEKAUFF MIKVA million net operating income nonresident Office Operating Revenue organized paid partnership payment percent person police practice profes profession professional corporation proposed render resident return on equity riders ridership shareholder shares staff statement statute tax purposes taxpayer thereof tion token Virginia Washington zone
Popular passages
Page x - Except as provided In 276 — (a) Genera] Rule. The amount of Income taxes Imposed by this title shall be assessed within three years after the return was filed, and no proceeding In court without assessment for the collection of such taxes shall be begun after the expiration of such period.
Page 8 - Act, but the repeal of existing laws or modifications thereof embraced in this Act shall not affect any act done, or any right accruing or accrued, or any suit or proceeding had or commenced in any civil cause before...
Page 9 - ... changed, modified, or repealed by this act may be prosecuted and punished in the same manner and with the same effect as if this act had not been passed.
Page 7 - ... tax, make such return, keep such records, or supply such information, at the time or times required by law or regulations, shall, in addition to other penalties provided by law, be guilty of a misdemeanor and, upon conviction thereof, be fined not more than $10,000, or imprisoned for not more than one year, or both, together with the costs of prosecution.
Page 425 - ... intended to take effect in possession or enjoyment at or after his death, or of which he has at any time made a transfer, by trust or otherwise, under which he has retained for his life or for any period not ascertainable without reference to his death or for any period which does not in fact end before his death...
Page 117 - ... to the need, in the public interest, of adequate and efficient transportation service by such carriers at the lowest cost consistent with the furnishing of such service; and to the need of revenues sufficient to enable such carriers, under honest, economical, and efficient management, to provide such service.
Page xi - In the case of a false or fraudulent return with intent to evade tax or of a failure to file a return the tax may be assessed, or a proceeding: in court for the collection of such tax may be begun without assessment, at any time.
Page vii - ... from his own knowledge and from such information as he can obtain through testimony or otherwise.
Page xi - Where before the expiration of the time prescribed in subsection (a) for the assessment of the tax, both the Commissioner and the taxpayer have consented in writing to its assessment after such time, the tax may be assessed at any time prior to the expiration of the period agreed upon.
Page 59 - An Act authorizing the formation of partnership associations in which the capital subscribed shall alone be responsible for the debts of the association, except under certain circumstances.