A subscription based online fitness company has provided the following data Total revenue in the last quarter $120,000 Number of customers at the start of the quarter 1,000 Number of customers lost in the quarter 50 Gross Margin 70 Assuming no new customers were acquired during the quarter, based o...

Step 1 Calculate the average revenue per customer Average Revenue per Customer Total Revenue Number ...

A subscription-based online fitness company has provided the following data: Total revenue in the last quarter: $120,000

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A subscription-based online fitness company has provided the following data:

Total revenue in the last quarter: $120,000
Number of customers at the start of the quarter: 1,000
Number of customers lost in the quarter: 50
Gross Margin: 70%

Assuming no new customers were acquired during the quarter, based on this information, calculate the Customer Lifetime Value (LTV) for this fitness company.

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Auditing An International Approach

ISBN: 978-0071051415

6th edition

Authors: Wally J. Smieliauskas, Kathryn Bewley

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Posted Date: Dec 07, 2023 02:27 AM

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A subscription-based online fitness company has provided the following data: Total revenue in the last quarter: $120,000

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Step 1 Calculate the average revenue per customer Average Revenue per Customer Total Revenue Number ... View the full answer

Auditing An International Approach

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