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In sep/dec 2015, could you explain the logic of the calculation of bonuses of the managers in question 5
It is simply following the instructions given in the question.
2% of salary = 2% x 120,000 = $2,400.
So if the ROI is 11% (1% above 10%) then they get $2,400.
If it is 12% (2% above 10%) then they get 2 x $2,400
and so on.
Subject to a maximum bonus of 30% x $120,000 = $36,000Obviously, even if you got the ROI’s wrong in Section A, you still get full marks for Section B is you calculated the bonus’s correctly on your ROI’s.
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