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Kendo Corp

Question 5

Multiple Choice

Kendo Corp.is projecting sales of $14 million in the coming year.If the size of the market is $120 million,and Kendo sells its products for an average sale price of $36.25,what is Kendo's projected market share?


A) 5%
B) 2%
C) 16%
D) 23%
E) 54%

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