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Capitalization of Income Should Have Been Used to Assess Water System's Value
Publication year - 1984
Publication title -
journal ‐ american water works association
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.466
H-Index - 74
eISSN - 1551-8833
pISSN - 0003-150X
DOI - 10.1002/j.1551-8833.1984.tb05398.x
Subject(s) - capitalization , value (mathematics) , business , environmental science , economics , mathematics , statistics , philosophy , linguistics
When a water company contested the assessment of its system, a Michigan appellate court ruled that the system should have been assessed by means of the capitalization of income approach.