A non-profit organization has a budget of $200,000. If they plan to spend $50,00

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Question: A non-profit organization has a budget of $200,000. If they plan to spend $50,000 on marketing and $30,000 on events, what is the remaining budget?

Options:

$120,000
$130,000
$140,000
$150,000

Correct Answer: $130,000

Solution:

Total spent = $50,000 + $30,000 = $80,000. Remaining budget = $200,000 - $80,000 = $120,000.

A non-profit organization has a budget of $200,000. If they plan to spend $50,00

Practice Questions

A non-profit organization has a budget of $200,000. If they plan to spend $50,000 on marketing and $30,000 on events, what is the remaining budget?

$120,000
$130,000
$140,000
$150,000

Questions & Step-by-Step Solutions

A non-profit organization has a budget of $200,000. If they plan to spend $50,000 on marketing and $30,000 on events, what is the remaining budget?

Step 1: Identify the total budget of the organization, which is $200,000.
Step 2: Determine how much money will be spent on marketing, which is $50,000.
Step 3: Determine how much money will be spent on events, which is $30,000.
Step 4: Add the amounts spent on marketing and events together: $50,000 + $30,000 = $80,000.
Step 5: Subtract the total spent from the total budget to find the remaining budget: $200,000 - $80,000 = $120,000.

Budgeting – Understanding how to calculate remaining funds after expenditures.
Basic Arithmetic – Performing addition and subtraction to solve financial problems.

A non-profit organization has a budget of $200,000. If they plan to spend $50,00

What’s inside this PDF?

A non-profit organization has a budget of $200,000. If they plan to spend $50,00

Practice Questions

Questions & Step-by-Step Solutions

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