Suppose a Firm Manager Has a Base Salary of $175,000

question 125

Multiple Choice

Suppose a firm manager has a base salary of $175,000 and earns 0.5 percent of all profits.Determine the manager's income if revenues are $10,000,000 and profits are $5,000,000.

• A) $150,000
• B) $200,000
• C) $225,000
• D) $300,000