Explain the importance of time value of money would you


1. Explain the importance of "time value of money" Would you rather receive $100 today or $120 in two years? Assume a risk free available interest rate of 10% calculated annually. Show your work

2. What is cash flow statement?

3. What does cash flow statement tell us about a company?

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Financial Management: Explain the importance of time value of money would you
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