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Q 1 : Shannon s Brewery currently boasts a customer base of 1 , 7 5 0 customers that frequent the brewhouse on average twice
Q: Shannons Brewery currently boasts a customer base of customers that frequent the brewhouse on average twice per month and spend $ per visit. Shannons current variable cost of goods sold is of sales. The customer retention rate per month is based on data collected from its website and an analysis of credit card receipts. Its current cost of capital for borrowing and investing is about per year or per month. What is Shannons approximate CLV for its average customer? Compute your answer to the nearest penny.
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