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Simplex Healthcare Had Profit of $5,411,623 After Paying Tax at 30

Question 48

Multiple Choice

Simplex Healthcare had profit of $5,411,623 after paying tax at 30 percent. The company had revenues of $20,433,770. Their interest expense for the year was $1,122,376, while depreciation expense was $2,079,112. What was the company's operating expenses excluding depreciation?


A) $8,199,429
B) $9,501,392
C) $9,321,805
D) none of the above

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