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man000172 54

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Digital ID
man000172-054
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http://n2t.net/ark:/62930/d14t6h13r
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Report on results of operation
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University of Nevada, Las Vegas. Libraries

43 With Federal Income Tax at 45Jo Capital Base Required Increase in Gross Revenue Investment Original Cost Present-Day Cost f Y5V98rS 94,307 157,495 Amount Per Cent 53.33 42.48 70.94 It is of interest to observe that if the production facil­ities 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 of water is treated as a separate enterprise from that of the distribution of water as performed by the Las Vegas Land and Water Company. Such uniform treat­ment carries with it the necessity of utilizing comparable capital bases and tax rates. This latter compilation is set forth in Table P.