Answer:
Ranking from Most to least
(i) 1%,
1. 135 in 10 years = 122.21
2. 120 in 5 years = 114.18
3. 105 in one year = 103.96
(ii) 3%
1. 120 in 5 years = 103.51
2. 105 in one year = 101.94
3. 135 in 10 years = 100.45
(iii) 5%
1. 105 in one year = 100.00
2. 120 in 5 years = 94.02
3. 135 in 10 years = 82.88
Explanation:
(i) 1%,
105 in one year
PV = 105 x ((1+0.01)^-1) = 103.96
120 in 5 years
PV = 120 x ((1+0.01)^-5) = 114.18
135 in 10 years
PV = 135 x ((1+0.01)^-10) = 122.21
(ii) 3%
105 in one year
PV = 105 x ((1+0.03)^-1) = 101.94
120 in 5 years
PV = 120 x ((1+0.03)^-5) = 103.51
135 in 10 years
PV = 135 x ((1+0.03)^-10) = 100.45
(iii) 5%
105 in one year
PV = 105 x ((1+0.05)^-1) = 100.00
120 in 5 years
PV = 120 x ((1+0.05)^-5) = 94.02
135 in 10 years
PV = 135 x ((1+0.05)^-10) = 82.88
Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Explanation:
A provision is indeed an item freed up from either a company's revenue to cover potential future costs or a probable property price decrease. It shows up as spending on the financial statements and is documented as a current liabilities.
Globalization is the increase in the flow of goods, services, capital, people, and ideas across international borders. Globalization changes the way nations, businesses and people interact. Specifically, it changes the nature of economic activity among nations, expanding trade, opening global supply chains and providing access to natural resources and labor markets.
I guess the answer is $8.80
Divide $22 to 5 pairs of shorts to get the price of each shorts, which is $4.40,
Jamal only need two pairs of shorts, so 2 x $4.40 is equal to $8.80