Valuation and consulting for financial reporting, federal, state and local tax, investment and risk management purposes.Valuation Advisory
Managing Director Patrick Prendergast and Director Mark Chaplin, from the Machinery and Equipment Services practice at Duff & Phelps, had an article published titled Estimating Economic Obsolescence-Why the Inutility Formula is of Limited Utility in the MTS Journal.
The article addresses what the Inutility Formula is, and just importantly, what it is not. Economic Obsolescence ("EO") can be due to a variety of factors. The Inutility Formula can be used in certain circumstances to quantify EO; however, it cannot quantify all forms of EO.
Read the full article here
Objective valuations for financial reporting, tax and management planning purposes.Valuation Services
Supportable valuations of machinery and equipment in virtually every industry.Machinery and Equipment Valuation
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