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:

Devotees

Individuals who are extremely passionate or loyal to a specific brand, product, or cause.

Attention Seekers

Individuals or entities that seek to captivate interest or engage others through various means to gain recognition or popularity.

Prurient

Having or encouraging an excessive interest in sexual matters.

Validation

The process of ensuring that a product, service, or system meets the needs of the user and fulfills its intended purpose.