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).
Daylight saving begins at 2 a.m. for many good reasons, such as most people are at home in bed. Credit: Clock image via Shutterstock | T.W. View full size image. Few people will likely wake up exactly at 2:00 a.m. local time to move the clock hand, or dial, forward an hour. But that's when daylight saving time officially begins on the second Sunday in March. It ends on the first Sunday in November, when clocks are turned back at 2:00 a.m. local time to read 1:00 a.m. That is, for everyone except those who live in Hawaii, American Samoa, Guam, Puerto Rico, the Virgin Islands, and by most of Arizona, with the exception of the Navajo Nation.