Which of the following would generally be considered an operating revenue or expense?
A)Income from renting out extra warehouse space
B)Interest on a note payable
C)Dividends earned on an investment is another company's stock
D)Depreciation

Question

Quizplus · Accepted Answer

Operating expenses include salaries and wages,utilities,advertising,rent,and the costs of delivering inventory to customers.These expenses are subtracted from gross profit to yield income from operations,which is a measure of the company's income from regular operating activities,before considering the effects of interest,income taxes,and any nonrecurring items.

Which of the Following Would Generally Be Considered an Operating