Advertising expense $8,600; Interest expense $3,600; Rent expense $16,000; Loss on sale of property and equipment $6,400; Cost of goods sold $22,000; Depreciation expense $7,800; Prepaid insurance expense $1,700. How much were Hable's operating expenses?
Advertising expense $8,600; Interest expense $3,600; Rent expense $16,000; Loss on sale of property and equipment $6,400; Cost of goods sold $22,000; Depreciation expense $7,800; Prepaid insurance expense $1,700. How much were Hable's operating expenses?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Advertising expense $8,600;
Interest expense $3,600;
Rent expense $16,000;
Loss on sale of property and equipment $6,400;
Cost of goods sold $22,000;
Prepaid insurance expense $1,700.
How much were Hable's operating expenses?
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Transcribed Image Text:Multiple Choice
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$58,000
$54,400
$64,400
$46,600
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