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VikaD [51]
3 years ago
10

Which of the following statements about market share is true?

Business
1 answer:
nekit [7.7K]3 years ago
8 0

Answer:

B. All businesses will need a percentage of the market share to survive.

Explanation:

Businesses with small market shares can be successful, but a larger market share means more profit potential, lesser effort to sell more, and a stronger barrier against competitors entering the market. A business that is below the optimal level for market share should plan to develop its market share, while a business at the optimal level should plan to fight to maintain it.

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Pitney Co. purchased an office building, land, and furniture for $500,000 cash. The appraised value of the assets was as follows
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Answer:

1.Allocated cost

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1.

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Allocated cost

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Building 250,000

Furniture 100,000

Total 500,000

2.

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Building 250,000

Furniture 100,000

Net income cash flow -500,000 IA

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3 years ago
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3 years ago
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