Your company has introduced a stock option incentive program. A total of 171 000 options are available.
Question:
Your company has introduced a stock option incentive program. A total of 171 000 options are available. Each senior manager will receive twice as many options as each team leader. Each team leader will receive 1.5 times the options of each employee. There are 7 senior managers, 22 team leaders, and 421 employees. How many options will each senior manager receive?
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Step by Step Answer:
Let x be the number of options received by each employee Then 15 x is the n...View the full answer
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Related Book For 
Contemporary Business Mathematics with Canadian Applications
ISBN: 978-0134141084
11th edition
Authors: S. A. Hummelbrunner, Kelly Halliday, Ali R. Hassanlou, K. Suzanne Coombs
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