Indicator Description [Selling, General and Administrative Expense]: A component of [OPEX] representing the aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc.
Company Self Description [PAYCHEX INC]: We are a leading provider of payroll, human resource, insurance, and benefits outsourcing solutions for small- to medium-sized businesses.
Dimension: (Most Recent - Annual) - MRY
Statement: Income Statement
Index Membership: S&P500, NASDAQ100, RUSSELL1000