Why would a project with larger cash flows in the earlier years be regarded more favourable than one...

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Why would a project with larger cash flows in the earlier years be regarded more favourable than one with the main cash flows in the later years?

Robert · Accepted Answer

Question:
Why would a project with larger cash flows in the earlier years be regarded more favorable than one with the main cash flows in the later years? 
Solution: 
As per finance professor, “The basic idea of time value of money is that a dollar today is worth more than a dollar tomorrow.

Why would a project with larger cash flows in the earlier years be regarded more favourable than one with the main cash flows in the later years?

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