I fear you have no idea how to read a financial statement
Total expenses for 2023 were $496 million (plus income tax puts it at $511 million). Total salary expenses were $328 million, approximately 66% of all expenses. On the financial statement, there is absolutely no mention of executive compensation so no clue where you’re pulling this line that executive compensation made up 40% of all expenses.
That isn’t executive pay lol “Management and General” includes real estate costs, all general.operating expenses, all admin staff (think HR, Legal, finance, accounting)- basically all back office
I fear you have no idea how to read a financial statement
Total expenses for 2023 were $496 million (plus income tax puts it at $511 million). Total salary expenses were $328 million, approximately 66% of all expenses. On the financial statement, there is absolutely no mention of executive compensation so no clue where you’re pulling this line that executive compensation made up 40% of all expenses.
I have highlighted it to give you a fighting chance. Maybe this time you can muster the faculties to read it.
That isn’t executive pay lol “Management and General” includes real estate costs, all general.operating expenses, all admin staff (think HR, Legal, finance, accounting)- basically all back office