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Performance Measurement

MMMishal Muzamil4y ago
Dear Sir, I really need your help Year ended oct 2003 Year ended oct 2004 Revenue $ 5.75 Million $6 Million No of styles 22 25 Net profit $345,000 $348,000 Market research cost $200,000. $150,000 Required: Calculate Market Share % for 20X4 .
John MoffatJohn MoffatTutor4y ago#1
Why are you attempting a question for which you do not have an answer? You should be using a Revision Kit from one of the ACCA Approved Publishers - they have answers and explanations :-) You have not given enough information to be able to calculate the market share. To calculate that you need some information about the market, and none is given!!
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