If a Company Paid $350,000 in Bonuses,and Net Income Prior

question 69

Multiple Choice

If a company paid $350,000 in bonuses,and net income prior to the bonus was $4,200,000,what was the bonus percentage offered to the employees during 2010?

• A) 6.2%
• B) 5.7%
• C) 9.1%
• D) 8.3%
• E) 6.8%

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Definitions:

Electroencephalogram

A test that measures electrical activity in the brain using small, flat metal discs (electrodes) attached to the scalp.

EEG

Electroencephalography, a technique used to record the electrical activity of the brain, useful in diagnosing epilepsy, sleep disorders, and other neurological conditions.

Alan Hodgkin

A British physiologist who, alongside Andrew Huxley, described the ionic mechanisms that underlie the generation of the action potential in neurons.

Andrew Huxley

A British physiologist and biophysicist awarded the Nobel Prize for his work on the nerve impulse and muscle contraction.