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Time value of money (tvm) means that money received in present is of higher worth than money to online managerial accounting homework help be received in the future as money received now can be invested and it can generate cash flows to enterprise in future in the way of interest or from investment appreciation in the future and from reinvestment. Please help me with this problem: 2006 balance sheet shows 0,000 in common stock, and million in additional paid in surplus and 2007 balance sheet shows 5,000 and million in same two accounts, respectively. Help for business case study.

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