• lps2@lemmy.ml
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    16 hours ago

    Nowhere in this financial statement does it state leadership / executive compensation just that overall payroll expenses for 2023 were $328 million - I fear you’re misreading the financial statement

      • lps2@lemmy.ml
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        1 hour ago

        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.