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