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ABC financial has introduced a stock option incentive program. For a total of 301,375 options, each ...

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ABC financial has introduced a stock option incentive program. For a total of 301,375 options, each ...

ABC financial has introduced a stock option incentive program. For a total of 301,375 options, each of the 3 executives receives twice as many options as the senior managers. Each senior manager receives twice the options as each of the middle managers and each of the middle managers receives 1.5 times the options as each of the employee. If there are 25 senior managers, 75 middle managers and 1000 employees, how many options will the each executive receive?
A) 250
B) 375
C) 750
D) 1500
E) 4500

Textbook

Contemporary Business Mathematics with Canadian Applications

Edition: 11^th

Authors: Hummelbrunner, Halliday, Hassanlou, Coombs

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Thanks for your help!!

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Thank you, thank you, thank you!

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