489-GG - Ratio.

§  489-gg.    Ratio.    The  state  board shall compute to the nearest  thousandth of one percent a ratio for each railroad company by  dividing  its  average railway expenses by its average railway revenues; provided,  however, that if a railroad company shall have operated  for  less  than  one  full  year  prior to the first day of the year in which a tentative  determination of a railroad ceiling for that railroad company  is  made,  then the ratio for that ceiling of that railroad company shall be one.