Appraisers often use discounted cash flow (DCF) techniques to value timber and timberland. Land. expectation value (LEV) is a standard DCF technique applied to many timberland situations. LEV. calculates the value of bare land in perpetual timber production and is often used to value even-. aged pine plantations.
Daylight Savings Time in the United States of America starts on the second Sunday in March of each year and ends the first Sunday in November of each year. When it goes into effect each spring, clocks are moved forward by one hour at 2:00 AM standard time, and the time becomes 3:00 AM daylight savings time (DST).
The act provided that daylight time begin on the last Sunday in April and end on the last Sunday in October, with the changeover to occur at 2 a.m. local time. During the energy crisis years, Congress enacted earlier starting dates for daylight time. In 1974, daylight time began on 6 January and in 1975 it began on 23 February. After those two years the starting date reverted to the last Sunday in April. In 1986, a law was passed that shifted the starting date of daylight time to the first ...