A project financing arrangement refers to: an arrangement where a company finances a project from a sinking fund established for bond repayments. an arrangement where a company borrows from its subsidiary to finance a project. an arrangement where a company promises future repayment by placing purchased assets in an irrevocable trust. an arrangement where a company creates a special-purpose entity to perform a special project.

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"we first find value of tax in dollars.

the difference between the two prices   is: 23. 54 - 22 = 1.54

therefore the sales tax in dollars is 1.54

the tax % will be   (amount of tax / original cost price ) × 100

(1.54 / 22) × 100  → (0.07) × 100 =   7

so the tax rate is 7%

we can double check the answer.

7 % of 22   → (7/100) × 22 → 0.07 × 22 = 1.54

22 + 1.54 = 23.54"

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