Andreas Delon's Compensation. Andreas Delon is a French citizen who has been offered the position of CEO of LakePharma, a large French pharmaceuticals firm. LakePharma produces high-quality chemicals used by pharmaceutical firms around the world. Much of the production of LakePharma is sold in Switzerland, which means that Andreas Delon will spend most of his time there helping to market LakePharma's products to Swiss pharmaceutical firms. He wishes to be paid in euros (), not Swiss francs (CHF). LakePharma has agreed to pay Andreas' base salary in euros, but insists on paying his sales commission and bonus (amounting to 25% of his base salary) in Swiss francs. Andreas is unable to decide whether to agree to this suggestion or to insist on receiving all his remuneration in euros. He constructs the table showing the sales revenue below to help him decide What do you recommend for Andreas? (Click on the icon to import the table into a spreadsheet) Change (%) Million CHF Change (%) Year 2015 2016 Million Euros 1,040 1,150 1,240 1,300 1 = CHE 1.05 1.06 1.07 1.08 2017 2018 BE Calculate the the amount sales revenue in Swiss francs and annual changes in sales revenue for both currencies below. (Round to two decimal places.) Year Million Euros Change (%) 1 = CHF Million CHF Change (%) 2015 1.040 1 05 2016 1.150 1 06 2017 1,240 1.07 2018 1 300 1.08 What do you recommend for Andreas? (Select from the drop-down menus.) than that denominated in It is better for Andreas to accept the offer to be paid in terms of as the annual percentage change is This is true as long as the cost of living in Switzerland does not as the depreciation of the suggests