According to the time value of money, which of the following is true?
A) Revenue collected by a company now is worth less than the same amount of revenue collected in the future.
B) Revenue collected by a company now is worth more than the same amount of revenue collected in the future.
C) Revenue collected by a company now is worth the same amount as revenue collected in the future.
D) Small discounts offered for up-front payment will result in less total revenue.
E) Small discounts offered for cash payment will result in less total revenue.
Correct Answer:
Verified
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