21.   Also, operating expenses were lower in the quarter as the company streamlined its process for acquiring customers and spent less on marketing, he said.

22.   Also not deductible, by the way, are expenses for the support of, or opposition to, any candidate for public office.

23.   An Apple spokeswoman acknowledged, however, that operating expenses were a main factor in dissolving the joint venture.

24.   And because, like all index holdings, country baskets required little active management, annual expenses were low.

25.   And the expenses can be very heavy.

26.   And there is the expense of employee training and dealing with frayed nerves when the computers malfunction, as they inevitably do.

27.   And, of course, there are expenses.

28.   Annual expenses are another consideration.

29.   Another attraction is that operating expenses are very low, even lower than index funds.

30.   Are these expenses reasonable?