Multiple Choice
Suppose a firm manager has a base salary of $50,000 and earns 2.5 percent of all sales.Determine the manager's income if revenues are $20,000,000 and profits are $5,000,000.
A) $50,000
B) $175,000
C) $550,000
D) $700,000
Correct Answer:
Verified
Correct Answer:
Verified
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