Determine average value of a loyal customer

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Reference no: EM1374739

Q. A manufacture of business copier workstations has a 75 percent customer retention rate. ir accounting department approximates incremental contribution to profit and overhead as 40 percent. Customers purchase workstations every 3 years at an average cost %1,500.00. Determine average value of a loyal customer?

Reference no: EM1374739

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Determine average value of a loyal customer : manufacture of business copier workstations has a 75 percent customer retention rate. ir accounting department approximates incremental contribution to profit and overhead as 40 percent. Determine average value of a loyal customer.

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