Given a nominal interest rate of 6 percent, in which of the following cases would you earn the highest after-tax real rate of interest?

a. inflation is 2.5 percent; the tax rate is 25 percent.
b. inflation is 3 percent; the tax rate is 20 percent.
c. inflation is 2 percent; the tax rate is 30 percent.
d. the after-tax real interest rate is the same for all of the above.

Amethod of allocating merchandise cost that assumes the first merchandise bought was the first merchandise sold is called the a. last-in, first-out method. b. first-in, first-out method. c. specific identification method. d. average cost method.

Serious question, which is preferred in a business? pp or poopoo?

Slimwood corporation made sales of $ 725 million during 2018. of this amount, slimwood collected cash for $ 670 million. the company's cost of goods sold was $ 300 million, and all other expenses for the year totaled $ 400 million. also during 2018, slimwood paid $ 420 million for its inventory and $ 285 million for everything else. beginning cash was $ 110 million. carter's top management is interviewing you for a job and they ask two questions: (a) how much was carter's net income for 2018? (b) how much was carter's cash balance at the end of 2016? you will get the job only if you answer both questions correctly.