QUESTION $6$

Calculate the Customer Lifetime Value for a one$-$year period from this information:

Sarah owns a pizza restaurant called Pizza My Heart. She knows the following about her customer base:

The typical customer comes in once every two weeks $(26$ times per year$).$

The average check is $$24\mathrm{.}15.$

She usually makes $40\%$ profit on each check.

What is the CLV for one year's worth of transactions:

$$50\mathrm{.}07$

$$231\mathrm{.}84$

$$251\mathrm{.}16$

$$579\mathrm{.}60$