The Following Information Has Been Provided by Hable Company

question 108

Multiple Choice

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

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Definitions:

Corrodes

The process by which a substance, typically a metal, deteriorates due to chemical reactions with its environment, often leading to rust.

Electron

A subatomic particle with a negative charge, found in all atoms and acting as the primary carrier of electricity in solids.

Genetics

The science of genes, heredity, and the variation of organisms.

Evolutionary Changes

Alterations in the genetic makeup of populations over successive generations, often leading to the development of new species.