Use conducted values for a company/industry of your choosing, and estimate customer lifetime value (CLV). Please provide step by step calculation information.

Use these formulas and show the work of your company/industry values"

CLV= acquisition costs + (profit purchase 1) + (profit purchase 2)....etc

CLV= [(monthly profit per customer) * (customer lifetime in months)] - (acquisition costs)

The churn rate= # of customers (as a % of total) lost each time period

Average customer lifetime in months= 1/ monthly churn rate