If a Firm Manager Has a Base Salary of $100,000

question 109

Multiple Choice

If a firm manager has a base salary of $100,000 and also receives 5 percent of all profits,what percentage of his/her final income will be from a profit-sharing plan when profit equals $1,500,000?

• A) 51 percent
• B) 27 percent
• C) 43 percent
• D) 48 percent

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