The lifetime value of a local car dealership for an average customer is $120,000.
<h3>What is meant by a lifetime value?</h3>
A lifetime value is an average amount that is being earned by the customer over the time period till its being a customer of a particular service.
Given values:
Amount spent by customer: $30,000
The average number of years: 40 years
Computation of lifetime value (LTV):
Therefore, when a customer spends $30,000 on a car dealership for 40 years of average time then its lifetime value would be $120,000.
Learn more about the lifetime value in the related link:
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His acting as a good customer service, because Good customer
service is the lifeblood of any business. You can offer promotions and slash
prices to bring in as many new customers as you want, but unless you can get
some of those customers to come back, your business won't be profitable for
long.
Answer:
c. provide information about the cash receipts and cash payments during a period.
Explanation:
The purpose of statement of cash flows is to report all major cash receipts ( inflows) and cash payments ( outflows) during a period. This includes separately identifying the cash flows relating to operating , investing and financing activities .
The statement of cash flows does more than simply report changes in cash.The statement of cash flows addresses important questions such as how does a company obtain its cash or spend its cash, or explains changes in cash by summarizing, classifying and reporting a company's cash inflows and cash outflows for each period.
So Option C is the best choice
Answer:
Explanation:
The computation is shown below:
1. For Biweekly
= $76,800 ÷ 26 biweekly
= $2,953.85
2. For Semi monthly
= $76,800 ÷ semi-monthly basis
= $3,200.00
3. For weekly
= $76,800 ÷ 52 weeks
= $1,476.92
4. For monthly
= $76,800 ÷ 12 months
= $6,400.00
Simply we divided the employee earning by the period pay method that is shown above.
Answer:A)Adjusted market assessment=$150
B)Expected cost plus margin=$140
C) residual margin=$50
Explanation:the adjusted market assessment will be $150 since that is what similar services are rendered in the industry.
The expected cost plus margin can be calculated by 140%×100=$140.
The cost of installation as calculated by the company is $100.
The residual is calculated by $1900-$1750-$100=$50.
1900 is the total cost of the package,while $1750 is the cost of TV alone ,$100 represent the cost of remote.
