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Each discussion needs to be responded to with at least 250 words Name of the book for class: Shoffner, G., Shelly, S. & Cooke, R. , 3rd. edition (2011). McGraw-ll: New York. ISBN: 978-0-07-174955-8 this is for a financial administration class 1) The of money (TVM) is the concept that money you have now is worth more than the identical sum in the future due to its potential . This core principle of finance holds that provided money can earn interest, any amount of money is worth more the sooner it is received. TVM is also sometimes referred to as present discounted value. A DOLLAR A DAY IS WORTH MORE THAN A DOLLAR TOMORROW. Please discuss your plans if you received a $250,000 retirement check, or inheritance check. What would you do with that money? What is your investment strategy to maximize profits or make your money last longer. Please discuss your investment strategy and respond to another student. 2) The Balance Sheet proves a snapshot of an organization at a particular time. Discuss the primary information that can be derived from this document. Note: reply to at least one fellow student posting for full credit. See rubric for grading criteria. 3) Many organizations are involving lower-level employees in financial control and budgeting. Discuss how lower-level workers perhaps could help in this process in their organization. 4)