QUESTION C: Executive Compensation (Ch 23, LO 1) Read the following: Chapter 23, pages 924-925 . Link to: Canada's top CEOS saw average pay increase of almost $100k in 2020 | The Star Required: Answer the following questions: 1. Describe your initial reaction to learning that top paid CEOs in Canada make close to $11 million. (Do you think it's fair? Why or why not?) NOTE: there is not a 'right' or 'wrong' answer to this question. This is your opinion. 2. The article includes this illustration: How top CEOs get paid Unlike most people, top CEOs get almost 90%% of their compensation from things that aren't their salary Cash Bonus $ 4,241,560 Stock Options $ 2,455,233 Stocks $ 2,710,718 Base Salary $ 1,253,559 Pension $ 408,740 Other Perks $ 347,683 Percentage(%) of com a. Assume that most cash bonuses are given based on achieving an acceptable return on investment i. Would you consider this to be deferred compensation? Why or why not? . How does a cash bonus based on ROI motivate a manager? b. How do stock options and stocks motivate a manager? c. What purpose does a base salary serve? (this isn't discussed specifically in the textbook. Do a quick google search to find an answer or come up with your own answer.) m W