Question
A company has a negative interest expense on its 2020 income statement. (Note: a negative expense is income.) Which of the following might explain this?
A company has a "negative interest expense" on its 2020 income statement. (Note: a negative expense is income.) Which of the following might explain this? A. All of the company's debt matured in 2020. B. Interest income was greater than interest expense in 2020 C. The company bought back debt in 2020. D. The company called its debt in 2020
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Personal Finance An Integrated Planning Approach
Authors: Ralph R Frasca
8th edition
136063039, 978-0136063032
