Respuesta :
Answer:
The % of cost to revenue of sponsorship is 17.87%
Step-by-step explanation:
Given:
Amount for sponsorship =310000$
Administrative cost=47,000$
To Find:
What are the cost as a percentage of sponsorship revenue.
Solution:
Administrative cost is expenses incurred to something to buy for a department.
It is losing amount to buy something.
Sponsorship is the support given to baseball team which 310000$
Total Cost after expenses will given by ,
=Sponsorship -administrative cost
=310000-47000
=263000$
Sponsorship revenue is the cost given to third party after commission
So percentage of cost to sponsorship revenue
=(47000/263000)*100
=17.87%
