Introduction This research project analyses the extent to how the Islamic system can reduce inflation in the conventional system. In particular, the research focuses on the factors to which promote and maintain inflation within our society. Inflation is defined as the sustained upward trend in the level of prices and is most commonly measured using the percentage rate of change in a country’s Consumer Price […]

ALLOWING FOR INFLATION AND TAXATION Q1. Ethan Co is evaluating Project Z, which requires an initial investment of $45,000. Expected net cash flows are $16,000 per annum for two years at today’s prices. However, these are expected to rise by 3.7% pa because of inflation. The firm’s money cost of capital is 11%. Find the NPV by discounting money cash flows. (MCQ)Years Cash flows ($) […]

Three cardinal elements qualify the growing of an economic system. They include rate of unemployment, rising prices and assorted figures that define the Gross Domestic Product ( GDP ) . A reappraisal of these issues is indispensable in order to give the reader some good apprehension of economic growing. Harmonizing to the Bureau of Statistics, unemployment rate in the United States seems to lifting somewhat […]