A manufacturer of Plasma Television has 80% customer retention rate. The accounting department of the company had
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A manufacturer of Plasma Television has 80% customer retention rate. The accounting department of the company had estimated the incremental contribution to profit and overhead as 40%. On average customers purchase the plasma television every two and half years at an average cost of $800. Calculate the average value of a loyal customer
Related Book For
Managerial economics applications strategy and tactics
ISBN: 978-1439079232
12th Edition
Authors: James r. mcguigan, R. Charles Moyer, frederick h. deb harris
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