Fassbender Industries tracks the annual sales from each of its six divisions to help evaluate performance and
Question:
Fassbender Industries tracks the annual sales from each of its six divisions to help evaluate performance and plan budgeting for the following year. Calculate the market share (divisional share) for each division for both 2018 and 2019.
Transcribed Image Text:
Division a. Electrical b. Plumbing c. Paint d. Lumber e. Kitchen and Bath f. Lighting 2018 sales in $M 2019 sales in $M 98.6 102.5 76.2 79.4 47.3 44.6 112.7 115.9 126.6 138.4 86.6 84.2
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (8 reviews)
Total Sales for 2018 548M Total Sales for 2019 565M Division Electrical Plumbing Pai...View the full answer
Answered By
Navashree Ghosh
I believe in quality work and customer satisfaction. So, I can assure you that you will get quality work from me when you hire me. Let's work together and build a long-term association.
4.90+
82+ Reviews
116+ Question Solved
Related Book For
Business Mathematics In Canada
ISBN: 9781260065992
10th Edition
Authors: F. Ernest Jerome, Tracy Worswick
Question Posted:
Students also viewed these Mathematics questions
-
Emerson Electric Company was founded in 1890 as a manufacturer of motors and fans. In 1993, Emerson marked its thirty-sixth consecutive year of improved earnings per share. On $8.2 billion sales, the...
-
Pittsburgh-Walsh Company, Inc. (PWC), manufactures lighting fixtures and electronic timing devices. The lighting fixtures division assembles units for the upscale and mid-range markets. The trend in...
-
The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...
-
Consider thedeadlock situation that could occur in the dining-philosophers problem when the philosophers obtain the chopsticks one at a time. Discuss how the four necessary conditions for deadlock...
-
What is a maturity gap? How can the maturity model be used to immunize an FIs portfolio? What is the critical requirement that allows maturity matching to have some success in immunizing the balance...
-
Maya is in her last year of high school. She earns $8 per hour working approximately 25 hours per week at the local grocery store. Approximately 30 percent of her salary is tax deductible. Maya also...
-
Show that, for irrotational axisymmetric flows in cylindrical coordinates, the streamfunction satisfies the following equation: \[\frac{\partial^{2} \psi}{\partial r^{2}}-\frac{1}{r}...
-
Do you think global businesses would be willing to subscribe to a global code of conduct? Explain your answer.
-
Remarks: Describe a convention for a hub to find out about its nearby neighbors. You ought to indicate the arrangement of your messages and the size of any message fields. [4 marks] Using the...
-
Allstar Inc. is considering a lockbox system that would reduce its float by three days. An expected 500 collections per day will be made to the lockbox with an average payment size of $1,000. The...
-
Solve each of the following pairs of equations using either the substitution or elimination methods. Verify your solution in each case. g - h = 17 4 / 3 g + 3 / 2 h = 0
-
Six different brands compete in the same Canadian market and their sales for 2018 and 2019 are shown in the following table. Calculate the market share for each brand for both 2018 and 2019. Brand a....
-
On December 2, 2017, Miles executed and delivered to Proctor a negotiable promissory note for $1,000, payable to Proctor or order due March 2, 2018, with interest at 14 percent from maturity, in...
-
The annual Exercise Club membership fees of $ 1 7 5 0 are due on June 1 2 , 2 0 1 8 . Club management offers a reduction of membership fees of 1 8 . 7 % p . a . to members who pay the dues by October...
-
A new class that represent the computer's hardware. Add a brief comment at the top of the program that describes your class. The class should have the following fields: The GPU clock speed The CPU...
-
1. Why do you think that industrial leaders of the late 19th century and early 20th century were so against labor movement? 2. Are labor unions still relevant today? Explain
-
As we read in Harvard Graduate School of Education's "What Makes a Good School Culture" article, "In a strong culture, there are many, overlapping, and cohesive interactions among all members of the...
-
Harris Fabrics computes its plantwide predetermined overhead rate annually on the basis of direct labor - hours. At the beginning of the year, it estimated that 2 9 , 0 0 0 direct labor - hours would...
-
Would you expect lysozyme to hydrolyze cellulose? Why or why not?
-
What are the six activities involved in the physical supply/distribution system?
-
Using the information given in Problem 20, calculate the interest earned in the fourth year from a $10,000 investment in each GIC.
-
Using the information given in Problem 20, how much would have to be initially invested in each GIC to have a maturity value of $20,000?
-
How much will you need 20 years from now to have the purchasing power of $100 today if the (compound annual) rate of inflation during the period is: a. 2%? b. 3%? c. 4%?
-
Rocks and Concrete works with commercial real estate parks to develop business complexes. The initial investment in land is $515,000. This investment requires a working capital of $20,000. Before...
-
Jimmy, a fund manager with BMT Money Wiz, was managing a portfolio of Singapore stocks that tracks closely to the Straits Times Index (STI). His portfolio was $10,000,000 and his portfolio beta is...
-
Assuming a reinvestment rate of 10% calculate the NPV and the IRR, the MIRR for the following cash How many potential IRRS could there possibly be? State the IRR re-investment problem and discuss why...
Study smarter with the SolutionInn App