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

Question 5

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.Its 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? Round your intermediate calculations and final answer to the nearest dollar.


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

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