Verizon spent $350 to acquire Victoria and expected a $500 annual contribution margin from her so long as she was a customer. The churn rate of customers similar to Victoria is 10% per year. The firm’s discount rate is 20% per year. Calculate the lifetime value of Victoria. answer choices $1,000 $1,150 $1,650 $1,950 $4,550

Verizon spent $350 to acquire Victoria and expected a $500 annual contribution margin from her so long as she was a customer. The churn rate of customers similar to Victoria is 10% per year. The firm’s discount rate is 20% per year. Calculate the lifetime value of Victoria. answer choices $1,000 $1,150 $1,650 $1,950 $4,550

SWFT Essntl Tax Individ/Bus Entities 2020

23rd Edition

ISBN:9780357391266

Author:Nellen

Publisher:Nellen

Chapter5: Business Deductions

Section: Chapter Questions

Problem 45P

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You open a new business and need a new laptop computer. You decide on a Knox Computer Solutions for $1499 due to the business software that is included. If the sales tax is 4.25% of the purchase price and you finance the total cost, including sales tax, for 3 years at the annual interest rate of 8.4%, find the monthly payment amount.
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