The home gym equipment industry in Canada had annual sales of $862.4M in 2019. Sales in the

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The home gym equipment industry in Canada had annual sales of $862.4M in 2019. Sales in the industry saw a slight decline of 2.5% in 2020. Sales for the top selling brands for the past two years are shown in the table below.

1. Calculate the market share for each of the brands shown for 2019 and 2020.

2. Calculate the market growth for each brand.

3. What is the market growth for all other brands in the home gym equipment market?

	Brand	2019 sales in $M	2020 sales in $M
a.	Core Buster	103.49	102.61
b.	Life Fit	60.37	63.70
c.	Home Fit	43.12	42.55
d.	Torrent	155.23	160.87

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Business Mathematics In Canada

ISBN: 9781260065992

10th Edition

Authors: F. Ernest Jerome, Tracy Worswick

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Question Posted: Jul 28, 2022 01:35 AM

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The home gym equipment industry in Canada had annual sales of $862.4M in 2019. Sales in the

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Business Mathematics In Canada

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