The nominal rate of return on the bonds of Stu's Boats is 8.25 percent. The real rate of return is 2.6 percent. What is the rate of inflation? a. 4.13 percent b. 5.43 percent c. 3.17 percent d. 5.51 percent e. 5.65 percent

Right medical introduced a new implant that carries a five-year warranty against manufacturer’s defects. based on industry experience with similar product introductions, warranty costs are expected to approximate 2% of sales. sales were $8 million and actual warranty expenditures were $42,750 for the first year of selling the product. what amount (if any) should right report as a liability at the end of the year?