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nirvana33 [79]
3 years ago
9

A store spends 30% of its budget on maintenance. its yearly budget is $150,000.how much is spent on maintenance?

Mathematics
2 answers:
joja [24]3 years ago
5 0

It would be: 150,000*0.30 = 45000

so, your answer is $45,000

Radda [10]3 years ago
4 0

Answer:

The store spends on maintenance is $45,000

Step-by-step explanation:

A store spends 30% of its budget on maintenance.

Yearly budget is $150,000.

We need to find the maintenance charge.

We will find the 30% of $150,000

Spend = 30% of 150000

First we change 30% into decimal,

\Rightarrow 30\%=0.30

Therefore,            = 0.30 ×  150000

                              = 45000

Hence, The store spends on maintenance is $45,000

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<h3>What Are Depreciation Expenses?</h3>

Depreciation expense, on the other hand, is the amortized portion of the cost of the business's fixed assets during a certain period. Depreciation expense is recognized in the income statement as a non-cash expense that reduces the  net income or profit of the business. For accounting purposes, depreciation expense is debited and  accumulated depreciation is credited.

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