(a) What is the present value of 20,000 to be received at the end of each of the next 16 years, discounted at 5%? (2 marks) (b) If you deposit 10,000 in a bank account that pays 4% Interest compounded annually, how much money will be in your account after 6 years? (2 marks) 5. Holding all other factors constant, explain whether each of the following changes generally signals good or bad news for a company. (1) (II) (Hi) Decrease in acid test ratio Increase in return on assets ratio Decrease in debt to assets ratio (6 marks) 6. Provide an example for each type of inventory listed below in a bakery: () (i) (iii) Raw materials inventory Work in process inventory Finished good inventory