Customer lifetime value basically describes the net present value of the stream of future profits expected over the customer's lifetime purchases.
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What is Customer lifetime value?</h3>
Customer lifetime value can likewise be characterized as the financial value of a customer relationship, in light of the current value of the extended future incomes from the customer relationship.
The motivation behind the customer lifetime value metric is to evaluate the monetary value of every customer. Wear Peppers and Martha Rogers are cited as saying, "a few customers are more equivalent than others."
Customer lifetime value varies from customer benefit or CP (the contrast between the incomes and the expenses related with the customer relationship during a predetermined period) in that CP estimates the past.
Therefore it is the Customer lifetime value which denotes the net value for future profits.
Learn more about Customer lifetime values here:
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Answer: Option D
Explanation: In simple words, additional funds refers to the funds that a company needs for financing a specific project or other such purposes. These funds are usually procured when there are no internal funds left in the company like retained earnings etc.
Thus, these funds are procured from external sources like issuing debt securities or by offering additional equity etc.
Answer:
$1,420
Explanation:
The computation of the bad debt expense is shown below:
As we know that
Ending balance of allowance for uncollectible accounts = Beginning balance of allowance for uncollectible accounts + bad debt expense - written off amount
$1,280 = $1,325 + bad debt expense - $1,465
So, the bad debt expense for the year 2022 is $1,420
Basically we applied the above formula to find out the bad debt expense
Answer:
shows how much buyers are willing and able to buy at different prices
Explanation:
A demand curve is a graphical representation of the law of demand. The curve demonstrates the relationships between the demand for a product and its price. A demand curve slopes downwards. It shows how the quantity demanded varies with changes in prices.
As per the laws of demand, there is an indirect relationship between price and quantity demand. A rise in demand causes a decline in demand. On the demand curve, the Y-axis has prices, while the X-axis shows quantity. As the demand curve is downward sloping, changes in price cause movement along the demand curve. High prices will lead to low demand. The demand curve shows the level of quantity demanded at different prices.
Answer:
B. Your income i think
Explanation:
The following common actions can hurt your credit score: Missing payments. Payment history is one of the most important aspects of your FICO® Score, and even one 30-day late payment or missed payment can have a negative impact. Using too much available credit.
