Business
Business, 05.05.2020 05:17, esme2583

Your firm is a wood furntiture manufacturer and you are determining the value of two separate customers to your company. Use the information below for the next three questions (Questions 15 through 17). Sales to Company A average $15, 000 of annual sales, have a 20% profit margin and an expected lifetime of 9 years. Company B averages $12, 000 of annual sales, has a 25% profit margin and an expected lifetime of 8 years. Assume a 7% discount rate. Question 15) What is the expected lifetime value of Company A

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