Question

What Is Interest Expense?

Answer 1

The amount is not paid for other think are vary highest so full amount not paid so small _small are monthly installments so this this interest expense

Answer 2

interest explain is a non operating expense shot on the income statement. it represent interest payable on and borrowing bonds, loans, convertible debt or lines of credit. it is essentially calculated as the interest rate times the the outstanding principal amount of the Debt.

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