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When a business calculates TAXABLE INCOME from gross income, which of the following is true? The business has obtained and is paying off a business

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When a business calculates TAXABLE INCOME from gross income, which of the following is true? The business has obtained and is paying off a business loan. (a) Depreciation, interest and principal are all subtracted (b) Depreciation is subtracted; interest and principal are not. (c) Depreciation and interest are subtracted; principal is not (d) Interest and principal are subtracted, depreciation is not. (Unrelated to above) If the inflation rates averages 6% per year and your return on an investment based on then-current dollars (that Is by definition, the combined inflation and real) is 11%, what is your real return on investment

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