|Company 2019 Gross Revenue $4,250,000| Company 2019 Gross $1,628,000| Profit Annual 58% Retention Rate Annual 12% Discount Rate At the Cash Received beginning of the year
|Company 2019 Gross Revenue $4,250,000| Company 2019 Gross $1,628,000| Profit Annual 58% Retention Rate Annual 12% Discount Rate At the Cash Received beginning of the year
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter15: Capital Investment Analysis
Section: Chapter Questions
Problem 15.1.1MBA
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plz solve it within 30-40 mins I'll upvote your answer
![Company
2019 Gross
$4,250,000
Revenue
Company
2019 Gross
$1,620,000
Profit
Annual
Retention Rate
58%
Annual
12%
Discount Rate
At the
Cash Received beginning of
the year
Number of
7,950
Customers
What would be the average life time value of a
customer?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F08d21eef-6460-4b45-8c35-a3394aeaed17%2F50ecbc87-c712-438e-846b-91d3300d4863%2Fixoq29_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Company
2019 Gross
$4,250,000
Revenue
Company
2019 Gross
$1,620,000
Profit
Annual
Retention Rate
58%
Annual
12%
Discount Rate
At the
Cash Received beginning of
the year
Number of
7,950
Customers
What would be the average life time value of a
customer?
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