The Following Information Has Been Provided by Hable Company: •

question 56

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 expense $1,000
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:

Sensory Adaptation

A phenomenon of the sensory system in which sensitivity to a constant stimulus decreases over time.

Progressive Desensitization

A therapeutic method gradually exposing individuals to the things they fear in a controlled way to decrease their sensitivity.

Pragnanz

A principle from Gestalt psychology that suggests people will perceive and interpret ambiguous or complex images as the simplest form(s) possible.

False Alarm

An instance where a warning or signal is given for a danger or issue that does not actually exist.