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Nutka1998 [239]
3 years ago
5

Consider the Northern California territory of Nova generates a sales revenue of $320,000 with four salespeople. The territory ac

counts for 10% of the total instrument rental market of $64 million. Thus, the market share and productivity of salespeople in this territory are __________ respectively.
Business
1 answer:
antoniya [11.8K]3 years ago
8 0

Answer: e)5% and $80,000

Explanation:

$320,000 was generated by the salespeople in this territory.

This territory comprises 10% of a $64 million market.

Territory comprises of = 10% * 64,000,000 = $6,400,000

Their market share is therefore;

= \frac{320,000}{6,400,000} * 100%

= 5%

Four people made sales of $320,000.

Their productivity = \frac{320,000}{4}

= $80,000

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When a company produces​ 5,000 units, total costs equal​ $150,000 and total variable costs equal​ $75,000. At this level of​ out
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$15

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7 0
3 years ago
Atom Endeavour Co. issued $21 million face amount of 4.0% bonds when market interest rates were 4.46% for bonds of similar risk
Eduardwww [97]

Answer:

A. $840,000

B. Discount

C. Annual interest expense on these bonds will be more than  the amount of interest paid each year.

Explanation:

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Interest amount = $21,000,000 x 4.0%

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