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4 years ago

What is a company's market share?

Business

2 answers:

PSYCHO15rus [73]4 years ago

7 0

The answer is: D. The percentage of the total market for the product or service that belongs to the company

For example let's say that there is a total of 100,000 potential consumers for product X. From that 100,000, your company able to create product X that is bought by 10,000 customers. From this number, we can say that your company had 10% market share in product X market.

Market share is usually counted in order to know the popularity of your product compared to the competitors in similar market.

Delicious77 [7]4 years ago

6 0

Answer:

D. The percentage of the total market for the product or service that belongs to the company

Explanation:

A company's market share is its sale measured as a percentage of an industry's total revenue.

You can determine a company's market share by dividing its total sales or revenue by total industry sales over a specific fiscal period.

This metric is used to give you a general idea of how big a company is relative to its market and competitors.

There are several types of market share, which can be of value or volume:

Value market share is based on a company's total share of total segment sales;
Volumes refer to the actual number of units a company sold in relation to the total units sold in the market.

The value-volume market share equation is not generally linear: a unit may have high values and low numbers, which means that the value market share may be high but the volume share may be low.

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AlexFokin [52]

Answer:

U.S. GDP = $440

Explanation:

If Texas household receives a Social Security check for $, and after calculating the purchases the US GDP is as follows:

Shoes from the Thai and korean firm is part of imports

Imports = $40 + $1240 = $1280

Domestic consumption = $220

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4 years ago

The following information is available for the XYZ Company for the month of July:

BaLLatris [955]

Answer:

XYZ Company

The total sales-volume variance for operating income for the month of July would be:__________

$3,765 Favorable

Explanation:

a) Data and Calculations:

Static Budget Actual

Units 7,000 6,650

Sales revenue $60,000 $55,715

Variable manufacturing costs $15,000 $14,250

Fixed manufacturing costs $20,000 $17,000

Variable selling & administrative exp. $10,000 $10,500

Fixed selling & administrative expense $15,000 $12,000

Flexible Budget Actual

Units 6,650 6,650

Sales revenue = $57,000($60,000/7,000 * 6,650) $55,715

Variable manufacturing costs = $14,300 ($15,000/7,000 * 6,650) $14,250

Fixed manufacturing costs $20,000 $17,000

Variable selling & administrative exp. =$9,500 ($10,000/7,000 * 6,650) $10,500

Fixed selling & administrative expense $15,000 $12,000

Flexible Budget Actual Variance

Units 6,650 6,650

Sales revenue $57,000 $55,715 $1,285 U

Variable manufacturing costs $14,300 $14,250 50 F

Fixed manufacturing costs $20,000 $17,000 3,000 F

Variable selling & administrative exp. $9,500 $10,500 1,000 U

Fixed selling & administrative expense $15,000 $12,000 3,000 F

Operating income ($1,800) $1,965 $3,765 F

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The Aggie Graphics Company was organized on January 1, 2017.The trial balance before adjustment at December 31, 2017 contained t

Ymorist [56]

Answer:

B. Supplies for $1,200

Explanation:

(A) The $2,700 balance in Supplies Expense represents supplies purchased in January. At December 31, there was $1,200 of supplies on hand.

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Supplies expense for the year = beginning balance + purchases - ending balance of supplies account = $0 + $2,700 - $1,200 = $1,500

the adjusting journal entry should be:

Dr Supplies 1,200

Cr Supplies expense 1,200

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