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Page 93
E.g. , see W.S. Vickrey's " Interrelations between Interest Rates and Depreciation Rates , " in J.E. Haring and J.F. Humphrey , eds . , Utility Regulation During Inflation , Los Angeles , 1971 , pp . 59-70 . See I.M. Stelzer's paper in ...
E.g. , see W.S. Vickrey's " Interrelations between Interest Rates and Depreciation Rates , " in J.E. Haring and J.F. Humphrey , eds . , Utility Regulation During Inflation , Los Angeles , 1971 , pp . 59-70 . See I.M. Stelzer's paper in ...
Page 197
... Interest Rate 7.5 % 7.85 % 7.25 % Interest Charge on New Debt 370 677 892 Less - Interest charge on maturing debt ( 3 ) 97 32 Additional Interest Charge 370 580 860 Interest Charge , beginning of year rate 2,663 4,160 7,605 Interest ...
... Interest Rate 7.5 % 7.85 % 7.25 % Interest Charge on New Debt 370 677 892 Less - Interest charge on maturing debt ( 3 ) 97 32 Additional Interest Charge 370 580 860 Interest Charge , beginning of year rate 2,663 4,160 7,605 Interest ...
Page 312
Some investors that I have consulted with not only believe that AFC earnings are of less quality than operating earnings , but ignore it completely by computing interest coverage and price / earn- ings ratios after eliminating AFC from ...
Some investors that I have consulted with not only believe that AFC earnings are of less quality than operating earnings , but ignore it completely by computing interest coverage and price / earn- ings ratios after eliminating AFC from ...
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Contents
FIRST SESSION Regulation and the Utility Industries | 1 |
SOLVING THE INFLATION DILEMMA | 103 |
FOURTH SESSION | 111 |
27 other sections not shown
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accounting additional adjustment agencies allowed amount analysis application average base basis believe capacity capital changes charges Commission common companies competition concerned considered construction consumer continue cost curves customers decision demand depreciation determine earnings economic effect efficiency electric utilities energy equity estimated example existing expected expense fact factor Federal firm fuel future going growth higher important income increase industry inflation interest investment investors Iowa issues less load marginal means measure method Michigan natural operating peak percent period plant possible present problems production Public Utilities question rate of return ratio reasonable recent reduce regulation regulatory requirements reserve result revenue risk structure supply telephone tion unit