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What percent of the hertz ceo salary is tied

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Reference no: EM132603569

Hertz wishes to incentivize its CEO to achieve corporate goals. A wage function for the CEO is given by W = 512,000 + 0.0025π + 0.01S. Here W is wage, π is profit and S is sales. Given profits are $200 million, and sales are $400 million, what percent of the Hertz's CEO's salary is tied to profits of the firm? (nearest tenth)

Reference no: EM132603569

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