Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Calculate the following metrics below for the Asia-Pacific (APAC) region only in fiscal year 2021 1. How much (in %) did the number of paying
Calculate the following metrics below for the Asia-Pacific (APAC) region only in fiscal year 2021
1. How much (in %) did the number of paying memberships grow compared to 2020? (please keep 1 decimal place. For example, 32.5% and not 0.3)
2. How much (in %) did the average monthly revenue per paying membership grow compared to 2020 (please disregard the constant currency change)?
S Revenues Paid net membership additions Paid memberships at end of period (1) Average paying memberships Average monthly revenue per paying membership Constant currency change (2) As of/ Year Ended December 31, Change 2021 2020 2019 2021 vs. 2020 (in thousands, except revenue per membership and percentages) 3,266,601$ 2,372,300 $ 1,469,521 $ 894,301 7,140 9,259 5,626 (2,119) 32,632 25,492 16,233 7,140 28,461 21,674 13,247 6,787 9.56 $ 9.12 S 9.24 S 0.44 38 % (23)% 28 % 31 % 5 % S 2%Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started