Based on the following data Calculate the Customer Lifetime value (CLV) per customer? A phone company charges
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Based on the following data Calculate the Customer Lifetime value (CLV) per customer?
A phone company charges $49.95 per month. Variable costs for the account are $4.50 per month. The marketing spend is $9.00 per year; its attrition rate is 0.5% per month. At a monthly discount rate (simple interest) of 1%, what is the CLV (using the formula)?
Related Book For
Management Accounting Information for Decision-Making and Strategy Execution
ISBN: 978-0137024971
6th Edition
Authors: Anthony A. Atkinson, Robert S. Kaplan, Ella Mae Matsumura, S. Mark Young
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