The FBP company sells paints with annual sales of $17 million and a gross profit of 30%. The company currently has 400 painters who are regular customers. It is planning to spend an additional $750,000 to acquire new customers (painters). Calculate how many new painters it needs to acquire to breakeven on the lifetime value when the retention rate is 80% and the discount rate is 10%.

Q: where  is the excel sheet ,so i can see how you get  the answer.  I want to see the workings  please

A: Excel Workings are provided in the solution in the form of Excel snip. One can use the formula…

Q: Use EMBG's adjusted trial balance to prepare EMBG's balance sheet for the current year-end. EMBG…

A: Definition: Balance sheet: To Know the financial position of the business balance sheet is prepared.…

Q: For the second question, were you able to show how that problem would be worked out?

A: The par value is stated in the corporate charter and the company cannot issue shares below the par…

Q: What is the project’s PI?

A: The PI index the profitability index of the project. The shows the profitability of the project…

Q: What does CAPM allow you to calculate?

A: CAPM model is basically the capital asset pricing model which helps us in determining the expected…

Q: Can I get a breakdown on how this is done all I'm seeing is a bunch of numbers

A: In the solution provided present value of all the coupon payments and future value is done to…

Q: Hey! Thanks for the answer! What's the formula in cell c9? Thanks!

A: The dividend discount model (DDM), a mathematical technique for predicting the price of a company's…

Q: I need help with answering this spreadsheet

A: Cost of Good manufactured is computed by adding the Material, Labor, and Overhead costs incurred…

Q: When is a New AIS is needed?

A: AIS is accounting information system is a whole information system which provides information about…

Q: Can you also use a TVM calculator?

A: Solution:- When an equal amount is saved each period at end of period, it is called ordinary…

Q: Can you solve using excel and explain the formulas more in depth?

A: Here,Market Cap is 300 billion pesoNext Year FCF is 9.6 billion pesoGrowth Rate is 8.60%

Q: can you show formulas used to solve this problem?

A: The concept of the time value of money determines that the worth of money gets depreciated over a…

Q: you!

A: The original question deals with preparation of amortisation schedule.

Q: Please explain about fintech and give some examples in general.

A: FinTech: Fintech is a word applied to define financial technology, an industry comprising any…

Q: How did you get those numbers?

A: For question "A" Preferred stock are non cumulative.  Thus dividend  will be paid maximum to the…

Q: What is forecasting risk and how can it affect decision making?

A: Forecasting risk means uncertainty or potential errors associated with making predictions or…

Q: Define advances from customers.

A: Current liability: Current liability is a debt that the companies need to pay the debts from…

Q: solve all of them. I mentioned in my question to solve all the parts

A: "Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…

Q: Analyze AIS development

A: Accounting Information System( AIS) development refers to the process of creating, designing,…

Q: The answer 417,974.94 was correct. Can you please help me solve without technology? Formulas used,…

A: An annuity is a financial product that pays out a fixed amount of money at regular intervals,…

Market Efficiency

Market efficiency refers to the market's ability to provide investors with all available information about investment options for buying and selling securities. Market efficiency reflects the true value of securities without undervaluing or overvaluing them. When the quality and quantity of information increase, the market becomes more efficient, allowing it to reduce arbitrage and obtain higher market returns from investment. In a well-functioning market, everyone receives all information completely and immediately at no cost. It opens up a plethora of opportunities for investors to access various investment options.