Calculate the percent earned on operating property

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Reference no: EM131317858

The following statistics relate to Michgate, an electric utility:

2383_Table 8.jpg

Required
a. Calculate the following for 2011, 2010, and 2009:
1. Operating ratio

2. Funded debt to operating property

3. Percent earned on operating property

4. Operating revenue to operating property

b. Comment on trends found in the ratios computed in (a).

c. Comment on the trend between earnings per share and cash flow per share.

Reference no: EM131317858

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