Question

The Mallards pay their two quarterbacks $7.2 million and $1.4 million. If the team salary is $33 million a year and their budget for quarterbacks is 25% of total salaries. Are they over budget? a) Yes b) No

Answer 1

Yes

Explanation:

Answer 2

a) Yes

Explanation:

The computation is shown below:

Given that

Their two quarterbacks is $7.2 million and $1.4 million

Its total is

= $7.2 million + $1.4 million

= $8.6 million

Now if the team salary is $33 million

And their budget is 25% of total salaries

i.e.

= $33 million × 25%

= $8.25 million

So as we can see that it it overbudget as the target is $8.25 million but it is $8.6 million

SO, the correct option is a.