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must use excel. please show work/equations It is September 1, 2020 and you are starting your new job at Nike! Nike makes an initial investment
must use excel. please show work/equations
It is September 1, 2020 and you are starting your new job at Nike! Nike makes an initial investment of $300,000 into you (providing employee benefits, accessories, etc.) and expects you to bring in $8,000 worth of value every 2 weeks for 200 weeks. You will receive a paycheck from Nike every 2 weeks for $6,000, so their net cost is the difference between your sales and your wage cost.. (Hence, your last check will be 7/2/2024) (a) What is Nike rate of return on you as an employee? (Note: think of the $8,000 as revenue for Nike and $6,000 as a cost to them. Your first check will be on September 15, 2020) 4.35% 20% 0-17.89% -0.75%Step by Step Solution
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