athletes choice made $325 million worth of revenue this year. the total market for athletic wear is $8…

Explanation:

Step1: Convert values to same unit

First, convert $8$ billion to million. Since $1$ billion = $1000$ million, $8$ billion = $8\times1000 = 8000$ million.

Step2: Calculate market - share formula

The market - share formula is $\text{Market Share}=\frac{\text{Company Revenue}}{\text{Total Market Revenue}}\times100%$. Here, the company revenue (Athlete's Choice) is $325$ million and the total market revenue is $8000$ million. So, $\text{Market Share}=\frac{325}{8000}\times100%$.

Step3: Perform calculations

$\frac{325}{8000}\times100%=\frac{32500}{8000}% = 4.0625%$.

Step4: Round the result

Rounding $4.0625%$ to the nearest tenth of a percent gives $4.1%$.

Answer:

$4.1$