Going Value (Classic Reprint)
Idioma: inglés
Editorial: Forgotten Books, 2024
- Tapa blanda
- Nuevo
Librería: Forgotten Books, London, Reino UnidoForgotten Books
Vendedor de IberLibro desde 2 de junio de 2021
Condición: Nuevo
EUR 15,97
Cantidad disponible: Más de 20 disponibles
Añadir al carritoDescripción del artículo del vendedor
Print on Demand. Delving into the intriguing concept of "going value" in the realm of utilities, this book presents a comprehensive analysis and exploration. The author examines the historical evolution of the concept, tracing its development from its early recognition in purchase cases to its application in rate-making decisions. This book provides a nuanced understanding of the various perspectives on going value, exploring both the legal and economic arguments for and against its inclusion in utility valuations. Through a detailed examination of case studies and regulatory practices, the author provides a practical framework for assessing and quantifying going value. The book not only sheds light on the complexities of going value but also offers valuable insights into the broader issues of public utility regulation and the balancing of consumer interests with the need for fair compensation for utilities. This book is an indispensable resource for professionals in the fields of law, economics, and regulation, as well as for anyone seeking to gain a deeper understanding of this critical aspect of utility valuation. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. …
N° de ref. del artículo 9781330673799_0
- Título
- Going Value (Classic Reprint)
- Autor
- Halford Erickson
- Editorial
- Forgotten Books
- Año de publicación
- 2024
- Estado
- New
- Tipo de libro
- print-on-demand item
- Encuadernación
- Paperback
- Idioma
- inglés
- ISBN 10
- 1330673794
- ISBN 13
- 9781330673799
- Catálogos de vendedores
- Business
Like. Most other intangible concepts, the concept of value can be made definite and distinct when we begin to think about it in an ordinary common sense way. Similarly the concept of go ing value can be made tangible and distinct when we cease thinking about it vaguely. Just as value in general has been defined in the sense of reasonable or normal cost and just as by means of this definition we have been able to get reasonably close valuations of tangible physical property, so by a similar definition will it be possible to get reasonably close valuations of an intangible element like going value The cost principle contained in this definition will, if properly applied, act as a chemical reagent to precipitate what was formerly held in solu tion. This definition of going value is about as follows: Go ing value represents the reasonable cost or financial sacrifice incurred by the in'vestor in building up a business which will yield a fair return upon the fair value of the tangible physical property.'
About the Publisher
Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com
This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
“Sinopsis” puede pertenecer a otra edición de este título.
Reseña del editor
Incidentally, certain criticisms of the Commission's methods in determining values will also be touched upon.
What is Meant by "Going Value"?
Like most other intangible concepts, the concept of value can be made definite and distinct when we begin to think about it in an ordinary common sense way. Similarly the concept of going value can be made tangible and distinct when we cease thinking about it vaguely. Just as value in general has been defined in the sense of reasonable or normal cost and just as by means of this definition we have been able to get reasonably close valuations of tangible physical property, so by a similar definition will it be possible to get reasonably close valuations of an intangible element like "going value." The cost principle contained in this definition will, if properly applied, act as a chemical reagent to precipitate what was formerly held in solution. This definition of "going value" is about as follows; "Going value represents the reasonable cost or financial sacrifice incurred by the investor in building up a business which will yield a fair return upon the fair value of the tangible physical property."
In explanation of the principle contained in the above definition, I will quote from what I said in one of the early decisions of the Wisconsin Railroad Commission (in Hill v. Antigo Water Co. 3 W. R. C. R. 623, 706, one of its earliest decisions on the subject). The opinion reads:
"A mere physical plant, no matter how perfect or how well it is adapted to the purpose for which it is intended, amounts to but little unless it has or can obtain a paying business. Without business it is a dead mass instead of a living concern earning profits. To have profits it must have business or customers who avail themselves of the services it renders at rates that yield an adequate income. But new plants are seldom paying at the start. Several years are usually required before they obtain a sufficient amount of business or earnings to cover operating expenses, including depreciation and a reasonable rate of interest upon the investment. The amount by which the earnings fail to meet these requirements may thus be regarded as deficits from operation.
About the Publisher
Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com
This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
“Acerca de” puede pertenecer a otra edición de este título.
Forgotten Books
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Forgotten Books’ Classic Reprint Series utilizes the latest technology to regenerate facsimiles of historically important writings. Careful attention has been made to accurately preserve the original format of each page whilst digitally enhancing the quality of the aged text.
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