The following information has been provided by Hable Company: Advertising expense $9,000; Interest expense $4,000; Rent expense
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The following information has been provided by Hable Company: Advertising expense $9,000; Interest expense $4,000; Rent expense for store $11,000; Loss on sale of property and equipment $6,800; Cost of goods sold $22,400; Depreciation expense $8,200; Prepaid insurance expense $1,000. How much were Hable’s total expenses in calculating operating income?
$57,400
$54,600
$61,400
$42,400
Related Book For
Accounting Business Reporting for Decision Making
ISBN: 9780730302414
4th edition
Authors: Jacqueline Birt, Keryn Chalmers, Albie Brooks, Suzanne Byrne, Judy Oliver
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