Replacement cost approach to value, Valuation of personal property
Appraisers who use the trended investment cost approach need to adjust for entrepreneurial profit if an adjustment is supported by market evidence.
Goodwin, Michael W.
"Trended investment and entrepreneurial profit,"
Assessment Journal: Vol. 8
, Article 1.
Available at: https://researchexchange.iaao.org/assessment_journal/vol8/iss5/1