Suppose compensation is given by W = 512,000 + 217? + 10.08S, 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?
A. 10.9 percent
B. 5.1 percent
C. 8.2 percent
D. 7.8 percent
Answer: D
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