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The CEO Of McDonald's Don Johnson, was paid 13.8 million in 2012. 2) Based on his...

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indialove1 | eNotes Newbie

Posted October 10, 2013 at 2:40 AM via web

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The CEO Of McDonald's Don Johnson, was paid 13.8 million in 2012. 2) Based on his yearly salary how much money does CEO Johnson earn every second?

1)How many $3.50 burgers could Mr. Johnson purchase with his yearly pay? Assuming that one eats a burger for every meal and that one eats three meals everyday, how long would it take to that many burgers? 

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durbanville | High School Teacher | (Level 1) Educator Emeritus

Posted October 10, 2013 at 6:01 AM (Answer #1)

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The CEO of McDonald's Don Johnson earns $13.8 m per year. To calculate his earning per second, first convert this to a daily rate (using 365 days - a standard year).

`therefore 13800000/365=37808.21918` per day

There are 24 hours in a day:

`therefore 37808.21918/24=1575.342466` per hour

There are 60 minutes in an hour:

`therefore 1575.342466/60=26.25570776` per minute

and finally, there are 60 seconds in a minute:

`therefore 26.25570776/60=0.437595129` per second.

Rounding off the answer reveals that Don Johnson effectively earns 44 cents per second, working on a 7-day week. 

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Ans:

The CEO of McDonald's earns $0.44 or 44 cents every second (in a standard, non-leap, year) based on earnings indicated. 

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