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SOUTHWESTERN BELL TEL. v. ARK. P.S.C.

No. CA 87-202.

751 S.W.2d 8 (1988)

24 Ark.App. 142

SOUTHWESTERN BELL TELEPHONE COMPANY, Appellant, v. ARKANSAS PUBLIC SERVICE COMMISSION, Appellee.

Court of Appeals of Arkansas, En Banc.

June 1, 1988.

Attorney(s) appearing for the Case

Richard C. Hartgrove, Garry S. Wann, Herschel Friday, Little Rock, for appellant.

Lea McCulloch, Little Rock, for appellee.

CORBIN, Chief Judge.

On December 17, 1986, this court reversed and remanded a decision of the Arkansas Public Service Commission because of the Commission's inconsistent treatment of investment tax credits (ITC) and accumulated deferred income taxes (ADIT) in its calculation of appellant's cost of capital. Southwestern Bell Tel. Co. v. Arkansas Pub. Serv. Comm'n, 19 Ark.App. 322, 720 S.W.2d 924

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