Question

Based on the information available, which of the following is true about the share of the taxi market?

A. CarX has a higher market share than Zink

B. CarX has a lower market share than before the IPO

C. The two biggest companies in the taxi market have over half of the market share.

D. The worldwide taxi market is worth more than $16 billion

E. Zink has a higher market share than local taxis and limos

Relative Valuation Analysis USA UK UK Cash and Securities $525,764,000.00 £602,223,000.00 Net Loans $925,230,000.00 £1,203,25

CARX: GOLDMINE OR BUBBLE? Carx. is a transportation network company headquartered in San Francisco, California, United States

Operating Performance Revenue (In £ Billions) 6.12 6.19 4.96 4.49 Net Profit (In Billions) 1.98 1.45 1.10 1.35 2014 2015 2016

Company Locations and Conversion Rates 17.17 ZAR 1.14 EUR 1.00 GBP 1.35 USD

Stock Price Performance in the Last 16 Weeks £5.62 £5.49 £5.43 £5.39 £5.45 £5.27 £5.28 £5.51 £5.05 £5.41 £5.35 £5.22 £4.87 £5

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Answer #1

Based on the information available, which of the following is true about the share of the taxi market?

A. CarX has a higher market share than Zink

Answer: Its not true.

B. CarX has a lower market share than before the IPO

Answer: Its not true.

C. The two biggest companies in the taxi market have over half of the market share.

Answer: Its true based on available data.

D. The worldwide taxi market is worth more than $16 billion

Answer: Its not true.

E. Zink has a higher market share than local taxis and limos.

Answer: Its not true.

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