Discount rates are used to value which of the following items?

Question

Quizplus · Accepted Answer

Discount rates can be used to value all of the items listed as they all involve estimating the present value of future cash flows. For example, future earnings may be discounted to determine their current value, the value of a partnership's property may be discounted to determine the buy-in price for a new partner, and assets in an estate may be discounted to determine their fair value for distribution to beneficiaries.

Discount Rates Are Used to Value Which of the Following