According to the Pizza Today Magazine (https://www.pizzatoday.com/pizzeriarankings/2019-top-100-pizza-companies/), an estimate of pizza sales in the United...

50.1K

Verified Solution

Question

Accounting

According to the Pizza Today Magazine (https://www.pizzatoday.com/pizzeriarankings/2019-top-100-pizza-companies/), an estimate of pizza sales in the United States for the top 100 pizza companies was $43.7 million in 2019. Below are the top 5 companies with the number of franchise units and total gross sales in $ millions.

Name Units Sales ($ Millions)
Dominos 14,782 12,252
Pizza Hut 16,665 12,034
Little Caesars Pizza 5,473 4,000
Papa Johns International 5,173 3,695
Papa Murphys International 266 840

Click here for the Excel Data File To complete this exercise, please access the data set in Connect with the top 100 pizza companies. a. Using the data set, compute the sales per unit. (Enter the answers in $ millions. Round your answers to 3 decimal places.) b. Construct a frequency distribution of companies based on total sales. (Enter the answers in $ millions.)

c. Construct a frequency distribution of companies based on per unit sales. (Enter the answers in $ millions.)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students