Question: (TRUE or FALSE?) Current assets are the assets that the firm uses to generate most of its income and these assets may be tangible or

tangible or intangible. True False (TRUE or FALSE?) The further in the

(TRUE or FALSE?) Current assets are the assets that the firm uses to generate most of its income and these assets may be tangible or intangible. True False (TRUE or FALSE?) The further in the future you receive a dollar, the more it is worth today. True False (TRUE or FALSE?) The present value is the value today of a future cash flow. True False

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