Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The following information pertains to Zeta, Inc. a subscription cable service provider. Use it to answer the next three questions. Revenue per customer per month

image text in transcribed
image text in transcribed
image text in transcribed
The following information pertains to Zeta, Inc. a subscription cable service provider. Use it to answer the next three questions. Revenue per customer per month Variable cost per customer per month Discount rate Retention rate $120 $20 5% 80% Question 45 (2 points) Calculate the customer lifetime value per customer. $400.00 $100.00 $450.50 $140.00 $142.86 Question 45 (2 points) Calculate the customer lifetime value per customer. $400.00 $100.00 $450.50 $140.00 $142.86 Question 46 (2 points) What effect will an increase in the discount rate have on customer lifetime value (CLV)? Increase CLV by the same percent as the increase in discount rate Decrease CLV No effect Decrease CLV by the same percent as the increase in discount rate Increase CLV Question 47 (2 points) What retention rate will produce a customer lifetime value of $500? 92% 84% 82% 85% 90%

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Quality Audit A Management Evaluation Tool

Authors: Charles A. Mills

1st Edition

0070424284, 978-0070424289

More Books

Students also viewed these Accounting questions

Question

Appreciate the importance of integrity in fund-raising

Answered: 1 week ago

Question

1. Explain how business strategy affects HR strategy.

Answered: 1 week ago