Suppose Compensation Is Given by W = 500,000 + 200

question 11

Multiple Choice

Suppose compensation is given by W = 500,000 + 200  + 17S,where W = total compensation of the CEO, = company profits (in millions) = $300,and S = sales (in millions) = $500.What percentage of the CEO's total earnings is tied to profits of the firm?

• A) 1.5 percent
• B) 7.9 percent
• C) 10.6 percent
• D) 43.4 percent

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Definitions:

Endodermal Cells

Cells forming the innermost layer of the three primary cell layers in early embryonic development, which develop into the lining of the gut and associated structures.

Root Cell Wall

A protective layer that surrounds the cells of a plant's root, providing support and regulating the movement of water and nutrients.

Cuticle

Secreted covering at a body surface.

Lignin Wall

A complex organic polymer deposited in the cell walls of many plants, making them rigid and woody.