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maria [59]
3 years ago
9

Online retailers lose approximately 25% of their customers every year. Unfortunately, due to the highly competitive camping gear

marketplace, Camp Plus loses approximately 35% of its customers every year to its competition, giving it a retention rate of only 65%. Using a discount rate of 10%, you calculate a CLV for each of the 10,000 customers in Camp Plus's database.
Business
1 answer:
suter [353]3 years ago
3 0

Answer:

CLV =  [(GC * r) / (1 + i - r)] - AC]

Explanation:

CLV is the customer lifetime value which is the calculation of net profit during the tenure of relationship with the clients and customers.

The formula for CLV calculation is :

CLV = [(GC * r) / (1 + i - r)] - AC]

Where,

GC is annual gross contribution,

r is retention rate of customers

i is discount rate

AC is Acquisition cost

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Dorsey Company manufactures three products from a common input in a joint processing operation. Joint processing costs up to the
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Answer:

Split-off point:

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Description                                                              A               B               C

Selling price after further processing                    20              13              32

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Incremental revenue per pound or gallon             4               5         7

Total quarterly output in pounds or gallons     $15,000    $20,000    $4,000

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3 years ago
Disposal of Fixed Asset Equipment acquired on January 6 at a cost of $287,000, has an estimated useful life of 8 years and an es
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Answer:

Instructions are below.

Explanation:

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Belle Co. determined after 4 years that the estimated useful life of its labeling machine should be 10 years rather than 12 year
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Determine the amount to be paid in full settlement of each invoice, assuming that credit for returns and allowances was received
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Answer:

(a) Payment =  $4,459

(b) payment = $4,120

Explanation:

solution

we know that Payment will be here

in 1st part (a)  

payment = Mercahndise - sales and allwances - discount + frieght    ..............1

so here

Discount = (merchandise - sales return and allowance) × Discount%     .........2

put here value

Discount =  ( 5,700 - 1600 ) × 1%

Discount =  $41

so

from equation 1 payment will be

Payment = 5700 - 1600 - 41+400

Payment =  $4,459

and

in 2nd part (b)  

from equation 2

put the value

Discount  = (4,800 - 800 ) × 2%

Discount  = $80

so

Payment will be here

payment = 4800 - 800 - 80 + 200

payment = $4,120

3 0
3 years ago
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