Assertion: interest expense | /r/CapableOf | represent the cost
Facets:
value: on the income statement
type: LOCATION
Source sentences:
text: Far more common, and often much more important for most types of businesses, interest expense on the income statement represents the cost of borrowing money from banks, bond investors, and other sources to meet short-term working capital needs, add property, plant, and equipment to the balance sheet, acquire competitors, or increase inventory.
text: On the income statement, interest expense can represent the cost of borrowing money from banks, bond investors, and other sources.