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Twenty percent of Mr. Crab's annual bonus is based on an evaluation of his individual performance. The remaining 80% of Mr. Crab's annual bonus is
Twenty percent of Mr. Crab's annual bonus is based on an evaluation of his individual performance. The remaining 80% of Mr. Crab's annual bonus is based on the Company's performance against financial targets. Of the portion of Mr. Crab's award that is based on financial targets, revenue growth performance accounts for 60%; adjusted EBITDA performance accounts for 20%; and return on invested capital (ROIC) accounts for the remaining 20%. What percentage of the overall bonus award does each of the financial metrics determine?
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Managerial Accounting
Authors: Charles E. Davis, Elizabeth Davis
3rd edition
978-1119234173, 1119234174, 1119343615, 978-1119182078, 1119182077, 978-1119234074, 1119234077, 978-1119343615
