Question 33 2 pts Analysts estimate Netflix customer acquisition costs have climbed to $623.52 per new subscriber. What is the estimated payback time if ARPU averages $12.99 per month? 48 months O 3.8 years 4 years Impossible to tell. Need EBIT / cash flow forecasts to project payback time Question 34 2 pts For the Direct to Consumer Streaming Project, the clear advantage that Apple possess over new entrants like Amazon, Disney, and HBO and the incumbent Netflix? O Original Programming Content The vault of their existing movie, television, and cartoon content The licensed content acquired in the Google acquisition O The 158 million subscribers that already enjoy shows on their service like Stranger Things O The estimated installed base of 1.6 billion devices (iPad, iPhone, Mac Pro, etc.) Question 36 2 pts In-N-Out Burger Cash Flow Estimates for Denver: -140, 40, 60, 80. Estimates for Colorado Springs: -100, 20, 40, 60. Assume WACC is 10%, what is the NPV and IRR for Denver? O 15.15 / 10.00% O 11.98 / 12.18% 6.06 / 12.18% -3.68 / 8.21% O 9.74 / 23.38%