[Question & Answer] The following information has been provided by Hable Company: Advertising expense $9,000; Interest expense $4,00…..

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

Expert Answer

Operating expenses are expenses which are incurred by a business in the normal course of its operations. These include cost of goods sold, selling, administrative expenses and the like but does not include interest expenses. Prepaid expenses are not expenses but a part of current assets

Struggling to find relevant content or pressed for time? – Don’t worry, we have a team of professionals to help you on
[Question & Answer] The following information has been provided by Hable Company: Advertising expense $9,000; Interest expense $4,00…..
Get a 15% Discount on this Paper
Order Now

So, following expenses are included in operating expenses

Advertising expense + Rent expense for store + Loss on sale of property and equipment + Cost of goods sold + Depreciation expense

= $9,000 + $11,000 + $6,800 + $22,400 + $8,200

= $57,400

So, as per above calculations, option A is the correct option

 

 

So much stress and so little time? We’ve got you covered. Get your paper proofread, edited or written from scratch within the tight deadline.

Calculate the price
Make an order in advance and get the best price
Pages (550 words)
$0.00
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
Sign up, place your order, and leave the rest to our professional paper writers in less than 2 minutes.
step 1
Upload assignment instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
s
Get personalized services with MyCoursebay
One writer for all your papers
You can select one writer for all your papers. This option enhances the consistency in the quality of your assignments. Select your preferred writer from the list of writers who have handledf your previous assignments
Same paper from different writers
Are you ordering the same assignment for a friend? You can get the same paper from different writers. The goal is to produce 100% unique and original papers
Copy of sources used
Our homework writers will provide you with copies of sources used on your request. Just add the option when plaing your order
What our partners say about us
We appreciate every review and are always looking for ways to grow. See what other students think about our do my paper service.
Nursing
Thank you!!!
Customer 452557, June 26th, 2021
Nursing
Thank you MyCoursebay team for your support. With your help I got an A for my past courses
Customer 452635, May 7th, 2022
Nursing
Great work! Thank you so much.
Customer 452707, July 15th, 2022
Nursing
Fantastic work on this project as usual.
Customer 452707, July 5th, 2022
Human Resources Management (HRM)
Thanks for the paper. Hopefully this one will receive higher than a C and has followed all guidelines.
Customer 452701, November 16th, 2022
Ethics
thank you
Customer 452493, March 15th, 2021
Nursing
Thank you!
Customer 452707, October 16th, 2022
Criminal Justice
Impressive! Will be using the service again.
Customer 452485, December 5th, 2021
Business and administrative studies
GREAT
Customer 452813, June 30th, 2022
Nursing
Amazing work! I passed the assignment!
Customer 452707, August 20th, 2022
Finance
Thank You
Customer 452643, October 24th, 2021
Other
Thank you for a well written paper!!!
Customer 452557, January 19th, 2022
OUR GIFT TO YOU
15% OFF your first order
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.
Claim my 15% OFF Order in Chat

Get top-notch homework help now. 20% off first 10 orders!

NEW

Thank you for choosing MyCoursebay. Your presence is a motivation to us. All papers are written from scratch. Plagiarism is not tolerated. Order now for a 15% discount

Order Now