Interest expense is not:
A)Incurred on current liabilities.
B)Reported on the income statement.
C)A fixed expense.
D)Likely to fluctuate when sales change.
E)A factor in determining a company's borrowing risk.

Question

Quizplus · Accepted Answer

The Answer of Interest expense is not:
A)Incurred on current liabilities.
B)Reported on the income statement.
C)A fixed expense.
D)Likely to fluctuate when sales change.
E)A factor in determining a company's borrowing risk.

Interest Expense Is Not