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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?
B. $102.0 million.
C. $112.5 million.
A. $106.1 million.
B. $102.0 million.
C. $112.5 million.
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Learning Outcome Statements
demonstrate the development of a sales-based pro forma company model
CFA® 2026 Level I Curriculum, Volume 3, Module 12.