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INCOME AND EXPENDITURES OF A LOCAL GOVERNMENT AGENCY - May 1
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21 Nov 2018, 00:10
21 Nov 2018, 00:10
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60% (02:50) correct
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INCOME AND EXPENDITURES OF A LOCAL GOVERNMENT AGENCY - May 1988
GRE - INCOME AND EXPENDITURES OF A LOCAL GOVERNMENT AGENCY - May 1988.jpg [ 170.17 KiB | Viewed 2508 times ]
Of the following, which is the closest approximation to the percent of fund-raising expenditures in excess of income from corporations?
35%
50%
60%
67%
75%
Attachment:
GRE - INCOME AND EXPENDITURES OF A LOCAL GOVERNMENT AGENCY - May 1988.jpg [ 170.17 KiB | Viewed 2508 times ]
Of the following, which is the closest approximation to the percent of fund-raising expenditures in excess of income from corporations?
35%
50%
60%
67%
75%
Re: INCOME AND EXPENDITURES OF A LOCAL GOVERNMENT AGENCY - May 1
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15 Dec 2018, 19:54
15 Dec 2018, 19:54
Carcass wrote:
INCOME AND EXPENDITURES OF A LOCAL GOVERNMENT AGENCY - May 1988
Of the following, which is the closest approximation to the percent of fund-raising expenditures in excess of income from corporations?
35%
50%
60%
67%
75%
Attachment:
GRE - INCOME AND EXPENDITURES OF A LOCAL GOVERNMENT AGENCY - May 1988.jpg
Of the following, which is the closest approximation to the percent of fund-raising expenditures in excess of income from corporations?
35%
50%
60%
67%
75%
The wording is tricky, the question is asking about the closest approximation to the percent of fund-raising expenditures in EXCESS of income from corporations, that means it is asking for the ratio between the excess out of the total fund raising expenditures.
excess = .053(70mil) - .021(70 mil) = 2.17mil
fund raising expenditures = .053(70mil) = 3.71mil
ratio between expenditure and excess = excess / fund raising expenditures
ratio between expenditure and excess = 2.17mil/3.71mil
C
Re: INCOME AND EXPENDITURES OF A LOCAL GOVERNMENT AGENCY - May 1
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24 Nov 2024, 22:09
24 Nov 2024, 22:09
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Thanks to another GRE Prep Club member, I have just discovered this valuable topic, yet it had no discussion for over a year. I am now bumping it up - doing my job. I think you may find it valuable (esp those replies with Kudos).
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