The following information has been provided by Hable Company:
Advertising expense $9,900;
Interest expense $3,700;
Rent expense $12,000;
Loss on sale of plant and equipment $5,700;
Cost of goods sold $21,300;
Depreciation expense $7,100.
How much were Hable's operating expenses?
A)$50,300
B)$54,000
C)$59,700
D)$43,200

Question

Quizplus · Accepted Answer

Operating expenses = $50,300 = $9,900 + $12,000 + 21,300 + $7,100

The Following Information Has Been Provided by Hable Company