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Suppose compensation is given by W=550,000+300+355, where W= total compensation of the CEO,= company profits (in millions) =$200, and S= sales (in millions) =$400. What

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Suppose compensation is given by W=550,000+300+355, where W= total compensation of the CEO,= company profits (in millions) =$200, and S= sales (in millions) =$400. What percentage of the CEO's total earnings are tied to profits of the firm? Multiple Choice 9.6% 11.9% 12.3% 107%

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