Suppose compensation is given by W = 512,000 + 217π + 10.08S,where W = total compensation of the CEO,π = company profits (in millions)= $200,and S = sales (in millions)= $400.How much will this CEO be compensated?
A) $812,431
B) $43,400
C) $559,432
D) $512,000

Question

Quizplus · Accepted Answer

Substituting the given values in the equation:
W = 512,000 + 217π + 10.08S
W = 512,000 + 217(200) + 10.08(400)
W = 512,000 + 43,400 + 4,032
W = $559,432
Therefore, the CEO will be compensated $559,432.

Suppose Compensation Is Given by W = 512,000 + 217π