Simplex Healthcare Had Net Income of $5,411,623 After Paying Taxes

question 76

Multiple Choice

Simplex Healthcare had net income of $5,411,623 after paying taxes at 34 percent. The firm 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 firm's operating expenses excluding depreciation?

• A) $8,199,429
• B) $9,032,853
• C) $9,321,805
• D) none of the above

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Definitions:

Extra Copy Of Chromosome 21

A genetic anomaly that results in Down syndrome, characterized by physical growth delays, characteristic facial features, and mild to moderate intellectual disability.

Down Syndrome

A genetic disorder caused by the presence of all or part of a third copy of chromosome 21, characterized by a combination of distinctive physical features and developmental delays.

Autism Spectrum Disorder

A range of neurodevelopmental disorders characterized by challenges with social skills, repetitive behaviors, speech, and nonverbal communication.

Longitudinal Study

Research that follows and retests the same people over time.