comparing business budgets\nthis table shows the budgets of three businesses.\nwhich business spends the…

comparing business budgets\nthis table shows the budgets of three businesses.\nwhich business spends the largest portion of its profits on marketing?\nbusiness a spends the largest\nportion.\nbusiness b spends the largest\nportion.\nbusiness c spends the largest\nportion.\nbusiness a and business c spend\nthe same portion.
Answer
Explanation:
Step1: Calculate marketing - profit ratio for Business A
The formula for the ratio of marketing expense to profit is (r=\frac{\text{Marketing}}{\text{Profit}}). For Business A, Marketing = (10000) and Profit=(30000). So, (r_A=\frac{10000}{30000}=\frac{1}{3}\approx0.333)
Step2: Calculate marketing - profit ratio for Business B
For Business B, Marketing = (15000) and Profit=(40000). So, (r_B=\frac{15000}{40000}=\frac{3}{8} = 0.375)
Step3: Calculate marketing - profit ratio for Business C
For Business C, Marketing = (12500) and Profit=(50000). So, (r_C=\frac{12500}{50000}=\frac{1}{4}=0.25)
Answer:
Business B spends the largest portion.