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An analysis of the accounting concept of depreciation, with historical context and practical examples of its application in various industries. This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work is in the "public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

Excerpt from Principles of Depreciation The general subject of depreciation has recently been given much attention by accountants, engineers, and others interested in the financial and mechanical problems of modern corporate enterprise. Vast accumulations of wealth and a great range in the possibilities of investment have necessitated a study of the economics of business with a view to increased efficiency, safety, and justice in the com plex field of industry. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Excerpt from Theoretical Depreciation: A Menace to the Public and the Investor Furthermore, when it is considered that the adoption of these methods has already resulted in the confiscation of hundreds of millions of dollars invested in public utility properties, and that its general adoption would result in the confiscation of several billions more, it would appear as though it were high time for those whose inter ests are thus threatened to bestir themselves in defense of their properties and for those who are clothed with authority and power to determine rate cases, involving a consideration of the element of property, to inform their minds as to the fundamental economic facts, which are of paramount importance and which must be given controlling consideration if the interests of the public and of the investors are to be conserved. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.