Which of the following is not reported as an operating expense on the income statement?

A) Wages expense.
B) Rent expense.
C) Interest expense.
D) Cost of goods sold.

Operating Expense

Ongoing costs for running a product, business, or system, not including the cost of goods sold but encompassing items like salaries and rent.

Wages Expense

The total amount of wages paid to employees during a specific period as an expense to the company.

Interest Expense

The price paid by an entity for the privilege of using borrowed funds over a designated period.