On an income statement, Interest Expense is shown as an Operating Expense.

Name: On an income statement, Interest Expense is shown as an Operating Expense.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Interest Expense is not considered an operating expense because it is not directly related to the company's primary operations. Instead, it is considered a non-operating expense and is typically shown separately from operating expenses on an income statement.

On an Income Statement, Interest Expense Is Shown as an Operating