Multiple Choice
The Museum of Creative Arts had the following expenses: $4,000 of membership development expense, $2,000 of Fund-raising expense, $5,000 of Instructional Classes expense, and $1,000 of general and administrative expense. What is the program expense ratio rounded?
A) 24%.
B) 33%
C) 42%.
D) 50%.
Correct Answer:
Verified
Correct Answer:
Verified
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