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What's It Worth?As everyone involved in the ownership, financing, leasing, and rental of heavy machinery, equipment, aircraft, and rolling stock realizes, it takes very few items to represent a large investment. It is relatively simple to determine the value of items in the outset of such ownership, but accurate “believable” appraisals are needed during the time of ownership/possession to satisfy a multitude of needs. Insuring, bonding, financing, accounting, ad valorem tax, litigation, estate settlements, and “in house fleet management” are a few of many reasons appraisals are assigned. With the advent of Generally Accepted Accounting Principles “GAAP” implementation of FAS Numbers 121 and 141 “Accounting for the Impairment of Long-Lived Assets and for Long-Lived Assets to Be Disposed Of," the need for annual appraisals have increased. Ours is a multiple services company attuned to the heavy machinery, equipment, machine tools, plastics, aircraft, and transportation industries, more aptly described in our services area. Contact Information
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