Question
Top Hatters sold $27.7 million worth in men's hats last year in its local market. Their largest competitor, Lidz Inc., sold $22.3 million, and other
Top Hatters sold $27.7 million worth in men's hats last year in its local market. Their largest competitor, Lidz Inc., sold $22.3 million, and other firms sold $46.2 million in this market. Calculate relative market share for Top Hatters. Report your answer as a percent. Round to the nearest tenth of a percent. Report 25.5%, for example, as "25.5".
ANS: 124.2
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Case Studies In Finance
Authors: Robert Bruner, Kenneth Eades, Michael Schill
6th Edition
0073382450, 978-0073382456
