Acme Auto Parts has a customer margin of $409 per customer. Suppose Acme retains 31 percent of its customers. Acme uses a 17 percent discount rate. Acme's customer activity grows at 9 percent per year. Please compute lifetime value per customer.

Suppose Paxton earns $1753.09 per week, plus a 1-percent commission on all sales over $5000. Last week, Paxton sold $6731.41. What did he earn last week?

Answer rating: 100% (QA)

Lifetime Value per Customer for Acme Auto Parts The formula for Cus... View the full answer