The formula for finding the <span>percentage of revenue that is spent on advertising will be:
</span>Percentage of revenue that is spent on advertising = Advertising Budget / Revenue x 100%
Using the values, we get:
Percentage of revenue that is spent on advertising = (8,000,000/138,000,000) x 100% = 5.80%
This means 5.80% of <span>revenue is spent on advertising</span>
Answer:
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Answer:
Explanation:
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