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Question 1 4 Please show ghe steps of how did the get the answer. A local dental practice decides to run a Groupon campaign. The
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Please show ghe steps of how did the get the answer.
A local dental practice decides to run a Groupon campaign. The campaign offered $ worth of dental services such as teeth whitening for $ For the total campaign, coupons were sold. We estimate that of the coupons will be redeemed, that of the coupons will be redeemed by existing customers and that, on average, Groupon customers purchased coupons. Let's assume that of new customers come back after the Groupon coupon visit. The dental practice estimates its cost of goods sold to be Finally, the bill for the average Groupon customer was $ The dental practice negotiated a split with Groupon.
Calculate the revenue from the Groupon campaigit.
Answer: Please show your work for this answer its the correct answer.
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