This is a subjective question, hence you have to write your answer in the Text-Field...

80.2K

Verified Solution

Question

Accounting

image
This is a subjective question, hence you have to write your answer in the Text-Field given below. At a restaurant, a customer on an average places four orders every month, with a ticket size of INR 700 and gross margin of 40%. The retention rate of the customer is 99% per month and a retention expense of INR 100 per month needs to be done on each customer. Compute the ifetime value of the customer assuming the time discounting rate to be 12% per annum. (4 marks) Chat with Proctor - MALLIKA MISHRA. Format - Tissues during the exam. Pls reach out to Formats - me for assistance. MULLIKA MISHRA. sir not able to open iny :ppt

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students