Helpp Tri-county Supply budgets 5% of the previous year's total revenue for utilities. The receipts from
the last year showed revenue of $4,500,000.00 How much will be budgeted for utilities for the
year?

$225,000

Explanation:

The utility budget is 5% of the previous year's total revenue.

The previous year revenue was $4,500,000.00

The utility budget will be 5% of $4,500,000.00

=5/100 x $4,500,000.00

=0.05 x $4,500,000

=$225,000

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so, to answer your question 1.

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- courtney