Final answer:
To calculate the ratio of Madison's revenues to her costs, we need specific numerical values for both. Without such figures, it's impossible to determine the correct ratio from the provided options. A ratio is determined by dividing revenues by costs once those figures are given.
Step-by-step explanation:
To solve the problem regarding the ratio of Madison's revenues to her costs for making shoes, we must first define what a ratio is. A ratio is a relationship between two numbers that indicates how many times the first number contains the second. Unfortunately, the initial question lacks the specific details regarding Madison's revenues and costs. Therefore, without precise figures for Madison's revenues and costs, we cannot calculate the exact ratio. We need additional information, such as the total amount of revenue Madison earns from selling shoes and the total costs incurred in making the shoes. Only with these numbers could we formulate a ratio by dividing the revenue by the costs.
If the student can provide those figures, we could then plug them into the following formula: Ratio of Revenues to Costs = Revenues / Costs. This would enable us to provide the final answer in two line explanation in 300 words helping us determine which of the options (1:3, 3:1, 1:4, or 4:1) is correct based on the numerical values given.