Explanation
We are asked to find the total annual budget given that the combined amount for sales and editorial is $12,500,000
To do so, let the total combined amount be x
If we check for the combined percentages for the amount for sales and editorial, we will have
[tex]21\text{ \%}+4\text{ \% = 25\%}[/tex]
Thus, we can set up the equation
[tex]25\text{ \% of x = 12,500,00}[/tex]
Solving for x
[tex]\begin{gathered} \frac{25}{100}\times x=12500000 \\ \\ \frac{x}{4}=12500000 \\ \\ x=4\times12,500,000 \\ \\ x=50,000,000 \\ \end{gathered}[/tex]
Therefore, the total annual budget will be $50,000,000
