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arock1 arock1
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Posts: 669
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6 years ago
Tire manufacturer Firebridge sells tires to retail firm A. Average annual sales for firm A is 55,000 . Average profit margin is 15. The expected lifetime is 10 years. Using a discount rate of 10 percent, calculate the Customer Lifetime Value of firm A and choose the closest answer below:
 a. 5,500
  b. 50,693
   c. 38,590
   d. 25,675
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6 years ago
b
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