Ajax Corporation Has $48,000 to Spend on Advertising and Is

Multiple Choice

Ajax Corporation has $48,000 to spend on advertising and is considering radio, television and newspaper ads. For radio ads, Ajax will spend a quarter of what it will spend on newspaper ads. For television ads, it will also spend 70% of what it will spend on radio ads. How much will the company spend on radio, newspaper and television ads respectively?

A) radio = $8,421; newspaper = $33,684; television = $5,985
B) radio = $5,985; newspaper = $33,684; television = $8,421
C) radio = $33,684; newspaper= $5,985; television = $8,421
D) radio = $12,000; newspaper = $24,000; television = $12,000
E) radio = $6,000; newspaper = $30,000; television = $12,000