Learning Objective: The objective of this course is to explore in depth the ideas introduced in ME201 and provide students with a better understanding of the types of value commonly used in the appraisal of machinery and equipment. This course addresses the issues of price vs. value; indirect costs; use of and development of indexes; age-life concepts; recommended rounding of figures; types of values for M&E appraisal - reproduction cost new, replacement cost new, replacement cost depreciated, fair market value in use, orderly liquidation value, forced liquidation value; supporting conclusions for various purposes. Level: Intermediate No CPE credit will be awarded for the on-line or audio version of this course.

*Accredited MTS members may not retake the ME 201-204 courses for ASA reaccreditation credits. Additionally, for those that have not previously completed these courses they must successfully pass the exam, to receive CE credits. Please refer to page 4 of the Reaccreditation Booklet for further details.