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storchak [24]
3 years ago
12

There are four basic principles of finance. Which principle correctly describes the following​ statement: ​ "A dollar today is w

orth more than a dollar received in the future. ​ Conversely, a dollar received in the future is worth less than a dollar received​ today"?
Business
1 answer:
Mekhanik [1.2K]3 years ago
8 0

Answer:

Time value of money

Explanation:

The ability of money kept in a savings deposit to earn interest over time and the increase in the total interest in line with the length of time, brought us to a conclusion that <em>an amount of money to be received now, that is in the present, is worth more than the same amount if received in the future.</em>

The increase in the value of money as a result of interest earned on it, increases the value of money, this concept is what is referred to time value of money.

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3 years ago
Jing-Sheng facilitated a hiring committee for his advertising company. Six employees (including two managers) met together to di
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The correct answer is D. participative.

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4 0
3 years ago
The following data is available for BOX Corporation at December 31, 2017: Common stock, par $10 (authorized 30,000 shares) $270,
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Answer:

26,920

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