Subjects
PRICING
COURSES
SIGN IN
Start Free Trial
Tom T.
Licensed CPA with 7+ Years of Real-World Accounting/Financial Experience!
Tutor Satisfaction Guarantee
Finance
TutorMe
Question:

The concept that money available at the present moment is worth more than the same amount in the future due to its potential earning capacity is called what?

Tom T.
Answer:

The time value of money.

Business
TutorMe
Question:

The amount of money a company earns above and beyond the money it spends on salaries and other expenses is called what?

Tom T.
Answer:

This is called profit.

Accounting
TutorMe
Question:

What are the three main financial statements called?

Tom T.
Answer:

The three main financial statements are called the balance sheet, income statement and statement of cash flows.

Send a message explaining your
needs and Tom will reply soon.
Contact Tom
Ready now? Request a lesson.
Start Session
FAQs
What is a lesson?
A lesson is virtual lesson space on our platform where you and a tutor can communicate. You'll have the option to communicate using video/audio as well as text chat. You can also upload documents, edit papers in real time and use our cutting-edge virtual whiteboard.
How do I begin a lesson?
If the tutor is currently online, you can click the "Start Session" button above. If they are offline, you can always send them a message to schedule a lesson.
Who are TutorMe tutors?
Many of our tutors are current college students or recent graduates of top-tier universities like MIT, Harvard and USC. TutorMe has thousands of top-quality tutors available to work with you.