Question

As a manager of a print store that is part of a larger firm, you are in charge of the store's budget. The marketing director for the firm requires you to spend 0.12 of your total budget on marketing products. You have also received permission to spend ________.

1) 5% of your total budget on advertising
2) 10% of your total budget on advertising
3) 15% of your total budget on advertising
4) 20% of your total budget on advertising

Answer 1

To calculate the amount that can be spent on advertising, subtract the marketing expenses from the total budget and then calculate the percentages. The manager can spend $4.40, $8.80, $13.20, or $17.60 on advertising.

Step-by-step explanation:

The marketing director requires spending 0.12 of the total budget on marketing products. Let's say the total budget is $100. To calculate how much can be spent on advertising, we need to determine the remaining budget after marketing expenses. 0.12 of $100 is $12. So, $12 will be spent on marketing products. The remaining budget for advertising is $100 - $12 = $88.

Now, let's calculate the amount that can be spent on advertising:

1. 5% of $88 is $88 x 0.05 = $4.40
2. 10% of $88 is $88 x 0.10 = $8.80
3. 15% of $88 is $88 x 0.15 = $13.20
4. 20% of $88 is $88 x 0.20 = $17.60

The manager has received permission to spend $4.40, $8.80, $13.20, or $17.60 on advertising, depending on the percentage decided.