Question
Stellar Enterprises has reported the following expenses: Legal and consulting fees: $1,800,000 Office rent: $3,300,000 Interest on short-term loans: $2,100,000 Loss on equipment sale: $400,000
Stellar Enterprises has reported the following expenses:
Legal and consulting fees: $1,800,000
Office rent: $3,300,000
Interest on short-term loans: $2,100,000
Loss on equipment sale: $400,000
Freight in: $1,400,000
Freight out: $2,000,000
CEO and CFO compensation: $2,300,000
Business insurance: $1,000,000
Sales commission: $2,700,000
Research and development: $1,300,000
Advertising expenses: $1,700,000
The office space is utilized equally by the sales and administrative departments.
Requirements:
Compute the total general and administrative expenses.
Determine the total sales and marketing expenses.
Calculate the total research and development expenses.
Identify non-operating expenses.
Calculate the overall total expenses for Stellar Enterprises.
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