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Time factor a transaction's expected time is a question worth considering. Canning's 1929 book, economics in accounting, cites the economist's view that asset values are determined by the present value of the future cash flows of assets. Canning's 1929 book, economics in accounting, cites the economist's view that asset values are determined by the present value of the future cash flows of assets. The "property right of the new system" is the premise. In New York, the U.S. energy information administration (EIA) released data showing U.S. crude inventories fell by 649.5 million barrels a day in the week ended Dec. 15, beating expectations. Gasoline stocks rose by 12.37 million barrels, but the increase was less than expected.