Interest revenue earned on held-to-maturity debt investments is reported on the income statement in the ________ section.

A) other income and expenses
B) current assets
C) operating income
D) non controlling interest


A) other income and expenses

Business

You might also like to view...

Most global markets do not exist in nature; they are created by marketing effort

Indicate whether the statement is true or false

Business

The Sarbanes-Oxley Act is an example of which of the following forces of change?

A. need changes B. technological changes C. external changes D. economic changes

Business

Net sales revenue is equal to sales revenue less cost of goods sold

Indicate whether the statement is true or false

Business

Nontariff barriers are the least obstructive obstacles to importation as compared to tariffs

Indicate whether the statement is true or false

Business