Multiple Choice
The following information has been provided by Hable Company: • Advertising expense $9,900
• Interest expense $3,700
• Rent expense for store $12,000
• Loss on sale of property and equipment $5,700
• Cost of goods sold $21,300
• Depreciation expense $7,100
• Prepaid insurance expense $1,000
How much were Hable's total expenses in calculating operating income?
A) $50,300.
B) $54,000.
C) $56,000.
D) $43,200.
Correct Answer:
Verified
Correct Answer:
Verified
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