More InfoBought Fast FoodSpent Over $100on FFMember of GymLA Fitness24 Hour FitnessPlanet FitnessYear201220142012201420122014201220142012201420122014Total171.5170.851.451.941.850.72.13.43.82.92.73.8HH < $40,00050.951.212.813.27.29.90.50.80.60.80.60.3HH $40,000-$74,999 49.751.616.917.113.616.20.70.20.70.90.40.3HH $75,000+70.968.021.721.621.024.60.92.4Men80.280.125.424.522.825.11.31.9Women91.390.726.027.419.025.60.81.526222.51.21.73.22.22.41.31.60.51.4342.81.0All numbers reported in millions (000,000s)PrintDone-×From 2012 to 2014, does it appear that LA Fitness, 24 Hour Fitness, and Planet Fitness comprise a greater or lesser share of the total gym membership market? Why?Calculate the total share of the fitness membership market for the three gyms in 2012 and 2014. (Round to one decimal place.)Market Share201221.3%201426.7%

Ratio analysis is a powerful tool used by businesses, investors, and financial analysts to evaluate…

From 2012 to 2014, does it appear that LA Fitness, 24 Hour Fitness, and Planet Fitness comprise a greater or lesser share of the total gym membership market? Why? Calculate the total share of the fitness membership market for the three gyms in 2012 and 2014. (Round to one decimal place

From 2012 to 2014, does it appear that LA Fitness, 24 Hour Fitness, and Planet Fitness comprise a greater or lesser share of the total gym membership market? Why? Calculate the total share of the fitness membership market for the three gyms in 2012 and 2014. (Round to one decimal place

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

More Info
Bought Fast Food
Spent Over $100
on FF
Member of Gym
LA Fitness
24 Hour Fitness
Planet Fitness
Year
2012
2014
2012
2014
2012
2014
2012
2014
2012
2014
2012
2014
Total
171.5
170.8
51.4
51.9
41.8
50.7
2.1
3.4
3.8
2.9
2.7
3.8
HH < $40,000
50.9
51.2
12.8
13.2
7.2
9.9
0.5
0.8
0.6
0.8
0.6
0.3
HH $40,000-$74,999 49.7
51.6
16.9
17.1
13.6
16.2
0.7
0.2
0.7
0.9
0.4
0.3
HH $75,000+
70.9
68.0
21.7
21.6
21.0
24.6
0.9
2.4
Men
80.2
80.1
25.4
24.5
22.8
25.1
1.3
1.9
Women
91.3
90.7
26.0
27.4
19.0
25.6
0.8
1.5
26
22
2.5
1.2
1.7
3.2
2.2
2.4
1.3
1.6
0.5
1.4
34
2.8
1.0
All numbers reported in millions (000,000s)
Print
Done
-
×
From 2012 to 2014, does it appear that LA Fitness, 24 Hour Fitness, and Planet Fitness comprise a greater or lesser share of the total gym membership market? Why?
Calculate the total share of the fitness membership market for the three gyms in 2012 and 2014. (Round to one decimal place.)
Market Share
2012
21.3%
2014
26.7%

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