Question

1.

From a total yearly budget of
$360,000, the Kimball Foundation
spends $30,000 on leasing office
space. What is the ratio of dollars
spent on office space to dollars spent
on other costs?
A. 12:1
B. 11:1
C

Answer 1

Explanation:

Okay so I may be wrong BUT since it's asking for the other costs, I'm assuming we're subtracting the $30,000 from the $360,000 first. Therefore the original ratio would be 30,000: 330,000 which is simplified to 1:11 ($ on office space: $ on other costs)

Answer 2

I think it would be 11:1.

Explanation:

360,000 / 30,000 = 12

11/12 of the yearly budget was used on other costs

1/12 of the yearly budget was used for leasing office

space.