ABC financial has introduced a stock option incentive program. For a total of 301,375 options, each of the 3 executives receives twice as many options as the senior managers. Each senior manager receives twice the options as each of the middle managers and each of the middle managers receives 1.5 times the options as each of the employee. If there are 25 senior managers, 75 middle managers and 1000 employees, how many options will the each executive receive?
A) 250
B) 375
C) 750
D) 1500
E) 4500

Question

Quizplus · Accepted Answer

301,375 options / 1000 employees = 301.375 options per employee301.375 options per employee * 1.5 = 452.0625 options per middle manager452.0625 options per middle manager * 2 = 904.125 options per senior manager904.125 options per senior manager * 2 = 1808.25 options per executive

ABC Financial Has Introduced a Stock Option Incentive Program