The marketing team of a small company had a budget of 2900 euros to spend on events in the prior year, and underspent by 6%. This year, owing to budget cuts, the marketing team can only spend 5/8 of last year's spend.To the nearest euro, what is this year's marketing budget
The marketing team of a small company had a budget of 2900 euros to spend on events in the prior year, and underspent by 6%. This year, owing to budget cuts, the marketing team can only spend 5/8 of last year's spend.To the nearest euro, what is this year's marketing budget
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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The marketing team of a small company had a budget of 2900 euros to spend on events in the prior year, and underspent by 6%. This year, owing to budget cuts, the marketing team can only spend 5/8 of last year's spend.
To the nearest euro, what is this year's marketing budget
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