Combined Marketing and R&D Spending Analysis

A company operates in three global regions: North America, Europe, and Asia. For the fiscal year 2023, their overall revenue was $1,200,000.

The distribution of revenue across the regions was as follows:

• North America: 45%
• Europe: 35%
• Asia: 20%

In addition, the company spent 30% of its total revenue on marketing and 25% on research and development.

What is the combined amount spent on marketing and research and development, as a percentage of total revenue?