Documents of the City of Boston, Issue 43 |
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Page 24
Income which should have been used to build the replacement fund to that figure had been paid out in dividends to the stockholders . The result was a great impairment in the equity of the stockholders . If this accountants ' estimate of ...
Income which should have been used to build the replacement fund to that figure had been paid out in dividends to the stockholders . The result was a great impairment in the equity of the stockholders . If this accountants ' estimate of ...
Page 27
In addition he classified this property for the purposes of computing depreciation , and on the basis of such classification arrived at a figure for the current or " going ” depreciation , which was then occurring upon the property .
In addition he classified this property for the purposes of computing depreciation , and on the basis of such classification arrived at a figure for the current or " going ” depreciation , which was then occurring upon the property .
Page 32
These fluctuations make it clear that the figures shown have no relation whatsoever to any estimate of true current depreciation on the property . For example , it is impossible that there should be no depreciation at all on power plant ...
These fluctuations make it clear that the figures shown have no relation whatsoever to any estimate of true current depreciation on the property . For example , it is impossible that there should be no depreciation at all on power plant ...
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Common terms and phrases
actual addition amount amounts charged analysis annual appears attributable authority balance Beeler began betterments Boston Elevated Railway capital cars charged the replacement charged to maintenance City of Boston clear Commonwealth Company completely consider considerable construction continued cost of service course created December 31 Deferred Maintenance deficit Department depreciation charge determine Elevated Railway Company entire equipment estimate examination excess existing on June expenditures expenses fact fares figure Finance Commission impairment increased June 30 limited losses ment months necessary occurring operating condition original paid past period physical plant possible powers prior private management problem projects proper charge Public Control question reason records rehabilitation replacement fund reserve result retirements road schedules seen shown situation stockholders Street taken tion track true Trustees yearly
Bibliographic information
| Title | Documents of the City of Boston, Issue 43 |
| Author | Boston (Mass.). City Council |
| Published | 1941 |
| Original from | the University of Michigan |
| Digitized | 3 Oct 2007 |
| Export Citation | BiBTeX EndNote RefMan |