<u>Answer:</u>
<em>Rico sporting goods sold 8500 treadmills last year. </em>
<u>Explanation:</u>
If total sales of treadmills were 50,000 then the 3 major companies hold the market share with different rates. The Rico sporting goods market share is 17% which means last year it sold 17% of total sales. Therefore
=8500.
Hence, The Rico sporting goods share in the total sales is 8500. Therefore, it can be said that the sales of last year of each company is 37,500 8500 and 4000 respectively.
Answer:
At least four core functions can be identified.[1] The financial sector should provide the following services:
Value exchange: a way of making payments.
Intermediation: a way of transferring resources between savers and borrowers.
Risk transfer: a means for pricing and allocating certain risks.
Liquidity: a means of converting assets into cash without undue loss of value.
A pay raise, a million dollars, and a partner.
Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.