The total amount of expenditures of the company is $10.21$ times of expenditure on Taxes

True

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False

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Solution

The correct option is A True
Let the total expenditures be $x$ .
Then, the expenditure on Taxes
$=$ $\frac{14}{10 + 14 + 24 + 10 + 25 + 20 + 40} \times x$
$=$ $\frac{14}{143} \times x$
Ratio of the total expenditure to the expenditure on Taxes:
$=$ $\frac{x}{x \times 0.0979}$
$= 10.214$
Then, the total expenditure is $10.21$ times the expenditure of Taxes.

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The total amount of expenditures of the company is 10.21 times of expenditure on Taxes

The correct option is A TrueLet the total expenditures be x.Then, the expenditure on Taxes= 1410+14+24+10+25+20+40×x= 14143×xRatio of the total expenditure to the expenditure on Taxes:= xx×0.0979=10.214Then, the total expenditure is 10.21 times the expenditure of Taxes.

The total amount of expenditures of the company is $10.21$ times of expenditure on Taxes