Question

question 14 (5 points)
a healthcare accounting firm uses 6% of its $750,000 budget for advertising. what amount of the budget is spent on advertising? show your work. need help showing your work? watch the show your work tutorial.
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Explanation:

Step1: Convert percentage to decimal

To find 6% of the budget, first convert 6% to a decimal by dividing by 100. So, \( 6\% = \frac{6}{100} = 0.06 \).

Step2: Multiply decimal by budget

Now, multiply this decimal by the total budget of $750,000. The formula for finding a percentage of a number is \( \text{Amount} = \text{Percentage (decimal)} \times \text{Total Amount} \). So, \( 0.06 \times 750000 \).
Calculating this, \( 0.06 \times 750000 = 45000 \).

Answer:

The amount of the budget spent on advertising is $45,000.