1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
tiny-mole [99]
3 years ago
10

Suppose a brand has a heavy usage index of 1.5, penetration share of 0.6 and a market share of 15%. What is the share of wallet

Business
1 answer:
Anettt [7]3 years ago
3 0

Answer:

0.167

Explanation:

Given the following :

Heavy usage index = 1.5

Penetration share = 0.6

Market share = 15%

Using the formula:

Heavy usage index =

market share % / [Penetration share * share of wallet]

1.5 = 15% / [0.6 * share of wallet]

1.5 × [0.6 × share of wallet] = 15%

0.9 × share of wallet = 15%

Divide both sides by 0.9

Share of wallet = 15% / 0.9

Share of wallet = 0.15 / 0.9

Share of wallet = 0.16666

Share of wallet = 0.167

You might be interested in
Food with a use by date of July 10 should be stored in front of food dated June 29, in front of food dated July 9, behind food d
Vinvika [58]
This food should be displayed behind food dated June 27th so that the food which will expire sooner will hopefully be chosen  by the shopper to finish it and leave the food with a longer shelf life for later since it has a later expiry date.
6 0
3 years ago
Read 2 more answers
As part of a valuation analysis, you have identified two comparables: KLA Tencor (KLA) and Lam Research (LAM). KLA has company v
True [87]

Answer:

The correct option is 20 and 12. That is, the P/E ratios for KLA and LAM should be, respectively: 20 and 12.

Explanation:

The price-earnings (P/E) ratio can be calculated using the following formula:

P/E ratio = Market value of equity / Net income ............... (1)

From the question. we hav:

KLA market value of equity = $8,000

KLA net income = $400

LAM market value of equity = $6,000

LAM net income = $500

Using equation (1) and the above information, we have:

P/E ratios for KLA = $8,000 / $400 = 20

P/E ratios for LAM = $6,000 / $500 = 12

Therefore, the correct option is 20 and 12. That is, the P/E ratios for KLA and LAM should be, respectively: 20 and 12.

5 0
3 years ago
Ms. march is teaching matthew to do his laundry. she has written a task analysis for doing laundry, which consists of 36 steps.
babymother [125]
Given that <span>Ms. march is teaching Matthew to do his laundry. She has written a task analysis for doing laundry, which consists of 36 steps. She conducted an initial assessment to identify which steps Matthew could already do, and she discovered that the only step he can presently do independently is to open the lid to the washer. She decides to use total task presentation as her method of teaching this complex chain of behaviors, using a least-to-most prompting strategy.

One disadvantage to this procedure is that </span><span>This procedure is likely to make each training session quite long.</span>
7 0
3 years ago
Which of the following statements is false?
erastova [34]
A student loan is an award I think
3 0
2 years ago
Read 2 more answers
Includes all the activities in selling goods or services directly to final consumers for personal, non-business use.
Inga [223]

Answer:  Option B

                                       

Explanation: In simple words, retailing refers to the process in which an organisation makes their produced goods or serve to the end consumer efficiently. The retailing adds the value of the commodity by providing it to the end consumer more easily as everyone would not be able to collect the desired commodity directly from supplier.

Any business unit that is involved in the activity of purchasing the goods and selling the goods further for a margin is involved in retailing process. Retailer usually collects its inventory from the whole seller appointed by the producer.

7 0
3 years ago
Other questions:
  • Here are the data for the past 21 months for actual sales of a particular product:LAST YEAR THIS YEARJanuary 325 260February 440
    9·1 answer
  • A male customer of a sports bar has taken a particular liking to one of the waitresses, and always asks to be seated at her stat
    14·1 answer
  • The lower of cost or market basis of valuing inventories is an example of
    7·1 answer
  • Which of these is not a result of regular exercise?
    15·1 answer
  • Which two factors explain why Great Britain’s economy experienced a period of stagnation after World War I?
    5·2 answers
  • Suppose you purchase five put contracts on Testaburger Co. The strike price is $45, and the premium is $3. If, at expiration, th
    12·1 answer
  • The adjusted trial balance of Sunland Company shows these data pertaining to sales at the end of its fiscal year, October 31, 20
    12·1 answer
  • Duggins Veterinary Supplies can issue perpetual preferred stock at a price of $75 a share with an annual dividend of $6.00 a sha
    15·1 answer
  • Prepare Krum Co.'s journal entries to record the following transactions involving its short-term investments in available-for-sa
    11·1 answer
  • Five business ideas that interest me are starting a pet sitting service, opening a place that help disabled pets, opening up a p
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!