Mr Burns' new consulting firm offers insights to clients regarding nuclear power plant. The service fee is
Fantastic news! We've Found the answer you've been seeking!
Question:
Mr Burns' new consulting firm offers insights to clients regarding nuclear power plant. The service fee is $57,000, paid at the start of the year and has 350 clients. The company spends $28,500 on average on servicing each client. If the firm retention rate is 97.5% and the discount rate is 10%, calculate the CLV of one customer over the period of 5 years. (2 marks)
Related Book For
Financial Accounting An Introduction to Concepts, Methods and Uses
ISBN: 978-1133591023
14th edition
Authors: Roman L. Weil, Katherine Schipper, Jennifer Francis
Posted Date: