According to the principles of entrepreneurial finance,cash sooner is preferred to cash later.

Question

Quizplus · Accepted Answer

The principle of time value of money suggests that cash sooner is more valuable than cash later. This is because money has a time value, meaning that the value of money today is more than the same amount of money in the future. Therefore, it is preferred to have cash sooner rather than later in entrepreneurial finance.

According to the Principles of Entrepreneurial Finance,cash Sooner Is Preferred