Veracity apps sells apps on their web site if a customer, Ask an Expert

Management Studies

Veracity Apps sells apps on their Web site. If a customer spends on average, $10 per visit and visits the Web site 20 times each year, what is the average nondiscounted gross profit in dollars and cents (with no $ sign) during a customer’s lifetime? Assume that the firm makes a margin of 60 percent on the average bill, with 25 percent of customers returning each year.

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Business Management, Management Studies

Category:- Business Management
Reference No.:- M92293231

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