The chart illustrates the amount of money spent on advertising by Acme and Famous companies in 1995. Units are measured in thousands of dollars.
Overall, there are 5 various categories (TV, Newspapers, Internet, and Billboards). Acme spent a little more money on advertising than Famous company in the period given. Both corporations spent most of their money on TV commercials, whereas the least amount of money was spent on billboards for every category asked. Furthermore, the most significant difference in expenditure between the two companies was on the internet.
In terms of television, Acme spent $250,000 on this as opposed to Famous at only $200,000. Similarly, Acme’s expenditure was higher on newspapers than Famous’ (around $125,000 and $75,000 respectively).
On the other hand, the amount of money paid for the remaining sources was higher for Famous Company. Exactly $100,000 was spent on the internet by the Famous corp, which was over double that of Acme, which was only $50,000. Neither of the companies spent much on billboards, which accounted for around $35,000 of expenditure by Famous but under $30,000 by Acme.