Cash Flows occurring at different point of time are not comparable".
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because To move a cash flow forward in time, you must compound it. To move a cash flow back in time, you must discount it.
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Cash Flows occurring at different point of time are not comparable:
1)Cash flows is defined as the net amount of cash received and disbursed by any entity during a time period.
2) Cash flow for a particular time that can be one year, one month is called time period.
3) We all know that at every moment the shares of the market changes and the value of the dollar not same always hence the cash flow is different at different point of time and incomparable.
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