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Blackwood, Inc., is a leading producer of industrial chemicals. The chemical industry had total annual sales of $425 million in 2020. Blackwood's 2020 financial statements
Blackwood, Inc., is a leading producer of industrial chemicals. The chemical industry had total annual sales of $425 million in 2020. Blackwood's 2020 financial statements listed the following items: $125,000,000 20,000,000 10,000,000 4,000,000 Net Sales Cost of goods sold Marketing Expenses Sales expenses Promotion expenses General and Administrative Expenses Managerial salaries and expense for marketing Indirect overhead 1,000,000 6,000,000 Net Profit $84.000.000 (before taxes): What was Blackwood's market share in 2020
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