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upr000278-011
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I agree.«• 2 Using the year 1948 as an example, the amounts shown in those ©©lumas were determined as followsi Ooluma Divisor 34 5 7,353 6,930 6,950 Page Dividend Page 6 #554,126.89 6 10 171,594.19 6 10 188,750.21 17 Quotient # 75,36 £4*66 £7.16 isii The plant investment per customer {0©1.S| £** HfJJ, determined on th® basis of the total number of customer# during the current year, whereas the operating IntJ expense and ™ T~ Customer (Cols. 4 and 5) have been determined on the h i Pof *we average number of customers during the year. The l ? £ n t o ? l , l Z £ o different bases to ( r t w t o trend. In the same table is not readily apparent. At the top of page S3 of the report it isstated that administrative expenses for the year W » w e apportioned on the basis of; Water system lilt Booming house lots and land Total and that such paroentages are likewise bedas used for the year 1950 a Tnatsiad of using constant percentages from year to penses, which will nves devote to each operation, and th© e o L i *sioa "u i be prepared accordingly* 5 S S * ® 5 ® ? ! £ & “ 1La2S V£eg“aLs, Srnfisi xas I r S urp to and plrnooplotsdeidn gt yo eaers tmab»liis hh oawever, mbeognitnhnliyn gc hwairtgeh tahgea iynesta r t1h©* 0w©a*t er seWr vipc e or iiso.OO for use of