Accounting Dictionary
Market Share
The percentage of sales your company has compared to the entire market.
For example, in America, 1,000,000 widgets are sold every year. Your company sells 200,000 widgets. Your company’s market share is 20% (200,000/ 1,000,000).
https://accounting.uworld.com/cpa-review/lc/accounting-dictionary/term/market-share/
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