If the gross cost of the TV campaign is $1,350,000 what is the budget you have to spend with each TV Network if Seven's share is 37.5%, Nine's share is 45% and STV's share is 17.5%?

Study for the MFA Television Practice Exam. Study with flashcards and multiple-choice questions. Each question offers hints and explanations to foster better understanding. Get ready for your exam!

Multiple Choice

If the gross cost of the TV campaign is $1,350,000 what is the budget you have to spend with each TV Network if Seven's share is 37.5%, Nine's share is 45% and STV's share is 17.5%?

Distribute the total budget in proportion to each network’s share. Convert the percentages to decimals: 37.5% = 0.375, 45% = 0.45, 17.5% = 0.175. Multiply each by the gross cost of 1,350,000.

Seven: 1,350,000 × 0.375 = 506,250

Nine: 1,350,000 × 0.45 = 607,500

STV: 1,350,000 × 0.175 = 236,250

These sums add up to the total, confirming the allocations. So the budget allocations are Seven: 506,250; Nine: 607,500; STV: 236,250.

If the gross cost of the TV campaign is $1,350,000 what is the budget you have to spend with each TV Network if Seven's share is 37.5%, Nine's share is 45% and STV's share is 17.5%?

Study for the MFA Television Practice Exam. Study with flashcards and multiple-choice questions. Each question offers hints and explanations to foster better understanding. Get ready for your exam!

If the gross cost of the TV campaign is $1,350,000 what is the budget you have to spend with each TV Network if Seven's share is 37.5%, Nine's share is 45% and STV's share is 17.5%?

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