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intrinsic value

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Q: The present value of the expected future cash flows of an asset represents the asset's?
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What is an economic resource that is expected to be of benefit in the future?

assets


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Assets are resources controlled by the business from which future economic benefits are expected to flow. In the case of current assets (e.g. Inventory) this period is expected to be within 1 period while Long term Assets (Non-Current Assets) are assets which are expected to be used over more than one period (12months) or which are held for indefinite capital accumulation (e.g. Investment Property)


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How do future expectations about the price of a good affect the present supply?

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