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.

Question

Quizplus · Accepted Answer

The Answer of 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.

The Following Information Has Been Provided by Hable Company: •