Question: What is the CLV for the Basic level, Pro Plan, & Enterprise level? Assume: For the Contribution per year, the monthly price points are in

What is the CLV for the Basic level, Pro Plan, & Enterprise level? Assume:

For the Contribution per year, the monthly price points are in the case. Convert to yearly revenue & assume variable costs of 20%.

A 5% interest rate

The retention rate is 75%. AnswerDash has retained 3 out of 4 customers, so it is 75% (for now)

The acquisition costs are $1,500

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!