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Transcription
V 4 9 Capital Base& Amount Pe^££>at Investment $ 63,6711 29»7V$J Original Cost if 88,227 58.42# Present-hay Cost 4142,980 66 It is of Interest to observe that if the production oompany -H 'J be treated as an integrated part of the Water utility and a return earned on the combined properties, the results are identical with those heretofore presented, wherein the production @5£#5ps is treated as a separate enterprise wholesaling water to the Las Vegas Land and Water Company. Suoh uniform treatment oarries with it the necessity of utilising comparable capital bases and tax rates. This latter compilation is set forth in Table P*
