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
Tue, Oct 3, 2017
Mark Chaplin and Patrick Prendergast Published in MTS Journal on Estimating Economic Obsolescence
Valuation Advisory Services
Our valuation experts provide valuation services for financial reporting, tax, investment and risk management purposes.
Valuation Services
When companies require an objective and independent assessment of value, they look to Kroll.
Machinery and Equipment Valuation
Kroll offers experience, reliability and transparency in the valuation of machinery and equipment for virtually every industry.
Kroll is headquartered in New York with offices around the world.
One World Trade Center
285 Fulton Street, 31st Floor
New York NY 10007
Sign up to receive periodic news, reports, and invitations from Kroll.
Our privacy policy describes how your data will be processed.
© 2024 Kroll, LLC. All rights reserved.
Kroll is not affiliated with Kroll Bond Rating Agency,
Kroll OnTrack Inc. or their affiliated businesses. Read more.