Question

How much has Men's Athletic Footwear lost?

A) $80 million
B) 6% of market share
C) 18% decrease in revenue
D) Limited impact on revenue

Answer 1

C) 18% decrease in revenue

Step-by-step explanation:

Men's Athletic Footwear has experienced an 18% decrease in revenue. To calculate this we can use the formula for percentage change:

`\[ \text{Percentage Change} = \left( \frac{\text{New Value} - \text{Old Value}}{\text{Old Value}} \right) * 100 \]`

Let's assume the initial revenue was
`\(R_0`\and the final revenue is
`\(R_f\)`. The formula becomes:

`\[ \text{Percentage Change} = \left( (R_f - R_0)/(R_0) \right) * 100 \]`

Given that the percentage change is -18%, we can set up the equation:

`\[ -18 = \left( (R_f - R_0)/(R_0) \right) * 100 \]`

Now, we can solve for the ratio of
`\(R_f\) to \(R_0\):`

`\[ (R_f - R_0)/(R_0) = -0.18 \]`

Solving for
`\(R_f\):`

`\[ R_f = R_0 * (1 - 0.18) \]`

This shows an 18% decrease in revenue from the initial value.

In the context of the given options the 18% decrease in revenue provides a more comprehensive understanding of the impact on Men's Athletic Footwear compared to the other options. It signifies a substantial decline in financial performance reflecting challenges or changes in the market dynamics that have affected the revenue stream of men's athletic footwear.