Question: Did the merit increases affect the compa - ratio? You must change two formulas in the compa - ratio section by changing the values of

Did the merit increases affect the compa-ratio? You must change two formulas in the compa-ratio section by changing the values of Total Pay and the Midpoint to reflect the New Pay rather than current pay. What is the new compa-ratio? What do your results indicate about the distribution of NEW PAY?

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