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What is time value of money in broad terms

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In your own experience/your view--what is time value of money in broad terms? Specifically, what is the meaning of time value of money?

Last week, we identified the primary financial statements found in organizations. This week, we are exploring ratio analysis as it applies to financial statements.

In your own experience/your view---what is ratio analysis and why is it an important area of financial management? Is ratio analysis limited to financial statements?

Reference no: EM132891005

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