Question 42 (2 points)

When discussing time value of money, present value answers the question:

Question 42 options:

What is the current value of the assets on my balance sheet?

How much is that money I am to receive in the future worth today?

How much will that payment that I make today be worth in the future?

What is the current value of net profit I am expected to make on this investment?

The starting point for developing a cash flow projection is:

Question 38 options:

	The prior period cash flow statement
	The prior period ending cash balance and assets and liabilities from the projected balance sheet
	The prior period ending cash balance and the revenue and expenses from the projected profit and loss statement
	Change in net profits, change in margins, and change in returns