Question: In the utility industry, the rate formula sets total allow revenue equal to an amount that covers the company's operating costs and provides Multiple choice

In the utility industry, the rate formula sets total allow revenue equal to an amount that covers the company's operating costs and provides
Multiple choice question.
a fair return on the capital invested in operating assets.
a substantial profit to encourage expansion.
a minimum of $300 million return on capital.
a maximum of $500 million return on capital.

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