Question

When considering cash inflows. taxpayers and planners prefer present values that are----------- than the future value. When considering cash outflows, taxpayers and planners prefer present values that are ------------------------that the future value.

Answer 1

higher, lower

Step-by-step explanation:

When considering cash inflows.Taxpayers and planners prefer present values that are higher than the future value. When considering cash outflows, taxpayers and planners prefer present values that are lower that the future value.