1 1/10 (A) would be the answer
Answer:
Answer is c
Step-by-step explanation:
Interest expense has no relation with the companies' principal activities. Therefore, on a multiple-step income statement, besides the other expenses like lawsuit settlements, extraordinary losses from investments etc., interest expense is listed in the non-operating and other section.
His budget is $5000
you take 800 and divide it by 0.16
gives you 5000
It's the same only adding a zero at the end
C is the best answer choice