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telo118 [61]
3 years ago
10

Interest expense is not:

Business
1 answer:
Veseljchak [2.6K]3 years ago
7 0

Answer:

The correct answer is letter "C": Likely to fluctuate when sales change.

Explanation:

Interest Expense is the cost of borrowing money. Usually, interest is paid on a credit card for some form of debt through a bank loan, mortgage, credit line or outstanding balance. The amount charged is equal to the interest rate times the outstanding balance. Interest payments are reported on an income statement as non-operating expenses.

<em>Sales changes do not influence the interest expense.</em>

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Is it a multiple choice question? Anyway, this is the definition of a limited partnership:

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