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2007 - Acme Widget sales - $5.0 million; Total sales of all firms in Widget marketspace – $105 million
2008 - Acme Widget sales - $5.5 million; Total sales of all firms in Widget marketspace – $125 million
2009 - Acme Widget sales - $5.7 million; Total sales of all firms in Widget marketspace – $133 million
2010 - Acme Widget sales - $6.8 million; Total sales of all firms in Widget marketspace – $133 million
2011 - Acme Widget sales - $6.7 million; Total sales of all firms in Widget marketspace – $130 million
2012 - Acme Widget sales - $6.7 million; Total sales of all firms in Widget marketspace – $120 million
1) Given the above data, calculate the annual market share of the Acme Widget Company for each year.
2) Calculate Acme Widget’s sales growth for each year and for the five year period.
Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.
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