Domanda di colloquio di Shore Group Associates

Why Interest is non operating Expense?

Risposte di colloquio

Anonimo

17 mar 2019

Interest expense is a nonoperating expense when it is not part of a company's main operations. For example, a retailer's main operations are the purchasing and sale of merchandise, and a manufacturer's main operations are the production and sale of goods. Neither the retailer nor the manufacturer has as its main operations the borrowing and lending of money.

Anonimo

17 mar 2019

Interest expense is a nonoperating expense when it is not part of a company's main operations. For example, a retailer's main operations are the purchasing and sale of merchandise, and a manufacturer's main operations are the production and sale of goods. Neither the retailer nor the manufacturer has as its main operations the borrowing and lending of money.