To Say That "The Market Potential for Snow Skis in Colorado

question 7

Multiple Choice

To say that "the market potential for snow skis in Colorado and Utah is 200,000 pairs" is not a correct way of stating market potential because:

• A)The dollar sales figure is not stated.
• B)The time period for these sales is not stated.
• C)The geographic market is limited to only two states.
• D)Nothing was said about maximum possible sales.
• E)None of thesE.That is,the statement is correct as it stands.

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Definitions:

Par Value

A nominal value assigned to a security, such as a share of stock, representing its legal capital per share.

Retained Earnings

Profits that a company has decided to re-invest in the business instead of paying out to shareholders as dividends.

Liquidating Dividend

A type of dividend paid by a company to its shareholders from its capital rather than its earnings, typically during the partial or full liquidation of the company.