Kendo Corp

question 111

Multiple Choice

Kendo Corp.is projecting sales of $15 million in the coming year.If the size of the market is $50 million,and Kendo's projected market share is 25%,what is the average sale price of its products?

• A)$0.60
• B)$0.83
• C)$1.00
• D)$1.20
• E)$1.85