Question

If total sales in the cereal market were $6.5 billion and Kellogg's® sales were $2,850,475,620 what would be its market share? Round your answer to the tenth decimal place.

Answer 1

Answer: it would have a market share that would be 0.44

Step-by-step explanation:

Company sales / Industry sales = market share

$2,850,475,620/$6,500,000,000= 0.43853

Rounded: 0.44 would be the market share.