Compensation for merchandising divisional manager

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Reference no: EM1340827

Fixing compensation for merchandising divisional manager

"Fundamentals of Financial Accounting" Assume you work as an Accountant in the merchandising division of a large public company that makes and sells athletic clothing. To encourage the merchandising division to earn as much profit on each individual sale as possible, the division manager's pay is based, in part, on the division's gross profit percentage. 

Reference no: EM1340827

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