Finance An Introduction — Corporate

If a business cannot find enough high-return investments, it should return excess cash to the owners.

This principle recognizes that a dollar today is worth more than a dollar in the future because it can be invested to earn a return. CORPORATE FINANCE An Introduction

Corporate Finance: An Introduction: 9780321277992: Welch, Ivo If a business cannot find enough high-return investments,

Higher potential returns typically come with higher levels of risk. Recommended Introductory Resources CORPORATE FINANCE An Introduction