Which of the following expense is the cost of financing everything from inventory to the purchase of a new store location?
A) Accounts receivable
B) Interest
C) Operations
D) Owner's equity
E) Profits

Question

Quizplus · Accepted Answer

Interest is the cost of financing, which includes expenses related to inventory, as well as the purchase of a new store location. Accounts receivable, operations, owner's equity, and profits are not directly related to the cost of financing.

Which of the Following Expense Is the Cost of Financing