If it costs $200 for the company to gain a new customer, how long it takes for the company to pass the break-even point? use the information below:

The discount rate is %10.

 Average profit per customer year 1: $60 

Average profit per customer year 2: $70 

Average profit per customer year 3: $90 

Average profit per customer year 4: $150 

Average profit per customer year 5: $150

Answer rating: 100% (QA)

To calculate the breakeven point for the company to recover the cost of gaining a new customer we ne... View the full answer