Bonus Money Totalling $920,000 Is to Be Shared by Dave

question 158

Multiple Choice

Bonus money totalling $920,000 is to be shared by Dave, Claude, Marcel, and Larry by the ratio 15: 11: 8: 6. How much will Dave receive?

• A) $253,000
• B) $460,000
• C) $345,000
• D) $368,000
• E) $312,000

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Definitions:

Weight Subfactors

Elements under a main category that are assigned different levels of importance or influence in an evaluation process.

Variable Pay

Compensation that is based on performance, productivity, or company success, supplementing an employee’s base salary.

Compensation Competitive

Payment or salary that is designed to attract and retain employees by being comparable to or exceeding industry standards.

Pay Levels

The ranges or scales of compensation given to employees based on their roles, responsibilities, or experience.