Which of the Following Statements Is True of Discounted Future

Which of the following statements is true of discounted future net cash flow?

A) It requires that difference in the cash inflows and outflows of a business be projected for some period of subsequent time.
B) It involves accounting for all of the hard assets of an organization such as buildings, equipment, cash, etc.
C) It is determined by the nature of business, including longevity, business risk, consistency of earning, quality of management, and general economic conditions.
D) It involves taking the earnings of a business and multiplying that figure by the market premium of companies in their industry.