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The marketing department at stem ltd had a budget of 300 000 in 2017. This was mostly salaries with 75% of the budget was fixed salary costs. The other 25% related to the costs relating to tavel and entertainment. In 2018 it is expected that all all travel and entertainment will be cut to 0 and salaries will increase by 2%. The total budget for the marketing department at stem led for 2018 should be.

Financial Management, Finance

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