Answer the following questions about SH's operating expenses

a. What was Scenic Hudson Inc.'s largest 2008 operating expense by natural category? Support your answer with numbers from the financial statements. Where did you find the information?
b. Was the same expense the largest operating cost for the Scenic Hudson Land Trust, Inc.? Support your answer with numbers from the financial statements. Where did you find the information?

a. The largest expense for Scenic Hudson was salaries (or salaries and benefits) at $4.15 M in FY '08.
b. No, the largest expense for the land trust was conservation easements and closing costs at $2.3 M.

Business

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