The Following Information Has Been Provided by Hable Company: •

question 127

Multiple Choice

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 $1,000
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How much were Hable's total expenses in calculating operating income?

• A)$50,300.
• B)$54,000.
• C)$56,000.
• D)$43,200.

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Definitions:

North America

A continent located in the Northern Hemisphere, mainly situated between the Atlantic and Pacific Oceans, comprising countries like the United States, Canada, and Mexico.

Immigrating

The act of moving to a new country or region with the intention of settling and living there, often driven by factors such as employment, family, or refuge.

Discriminate

To unjustly differentiate or distinguish between people based on race, age, sex, or other prejudicial status.

Prejudiced

Having preconceived opinions or judgments about people or groups without sufficient knowledge or experience.