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The current compensation package is an annual bonus award. The pool is calculated as 14% of the annual residual income of the company. The residual
The current compensation package is an annual bonus award. The pool is calculated as 14% of the annual residual income of the company. The residual income is operating income minus interest charge of 18% of invested assets. The total amount of the bonus pool for 2007 is calculated to be? A. $670,680. B. $302,680. C. $433,950. D. $428, 680. E. $333,760.
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