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Basic Question 1 of 10

An IT company's market share stands at 10% of a $1bn market in 2013. The overall industry is expected to grow at a rate of 1%. The company expects that its innovative products coupled with aggressive marketing will allow it to increase its market share by 5% each year. What will its revenues be for the year of 2015?

A. $106.1 million.
B. $102.0 million.
C. $112.5 million.

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I used your notes and passed ... highly recommended!
Lauren

Lauren

Learning Outcome Statements

demonstrate the development of a sales-based pro forma company model

CFA® 2025 Level I Curriculum, Volume 3, Module 12.