Machine and Equipment Appraisal (21st Century Asset Appraisal Series Textbooks) (21st Century Asset Appraisal Series Textbooks)

Author: Yang Zhiming
Publisher:
Publish Date: 2002-10-20
Features: "Machine and Equipment Appraisal" is a systematic book introducing the theory and methods of machine and equipment appraisal. It first introduces the basic knowledge required for machine and equipment appraisal, including the classification of equipment and types of value, estimation of equipment life, cost estimation of non-standard equipment and preliminary budget, the impact of energy and environmental protection policies on equipment use, and other related basic knowledge. This book assumes that readers have basic knowledge of asset appraisal and a fundamental understanding of the three appraisal methods: cost method, market comparison method, and income method. Based on a brief introduction to the methods, it focuses on the application techniques of the three appraisal methods. This does not mean that the book leans heavily on appraisal operations while neglecting theory. Theory is equally a key focus of the book, though the derivation process of the theory is appropriately simplified to emphasize the application techniques.