Question

The__________approach for measuring fair value estimates value by estimating future amounts of earnings or cash flows and then mathematically converting these amounts to a single present value.

Answer 1

"Income" is the right choice.

Step-by-step explanation:

• The approaches to revenue have been one of 3 main classes of methods and techniques used mostly by property managers, considered valuation alternatives.
• It is determined by dividing the estimated operating expenses by both the rate of capitalization. It is especially popular in appraisals of commercial property as well as in appraisals of companies.