Brooks Resources Corp. v. Department of Revenue

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• on facts of that case, court concluded that income approach provided better measure of value than cost approach
• “The appropriateness of a particular valuation method or combination of methods is not determined by fixed principles of law, but is a factual determination that depends on the record developed in each case.”
• although income approach was “speculative,” the finder of fact “may decide as a matter of fact that despite its inadequacies, the income approach is a better measure of value than the cost approach with respect to” the property at issue (emphasis omitted)

Source: CourtListener parenthetical corpus (CC0).