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1 Q. Use the data table to show the impact of the number of...

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Accounting

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Q. Use the data table to show the impact of the number of new customers acquired ranging from 20,000 to 30,000 with 1,000 customer increments on the total costs and total increase in profit of the referral program. What are the total costs and total profit for acquiring 28.000 new customers?
\table[[Total cost,],[Total profit,]]
b. Use Goal Seek to find out the number of new customers needed for the referral program to break even.
Note: Round your answer to the nearest whole number.
c. What does the average customer annual spending need to be in order to achieve $5,000,000 in profit from the referral program, assuming 25,000 new customers are acquired through the referral program? Now reevaluate this question by taking into account the fact that 10% of the customers acquired through the referral program would have become customers of the credit card company even without the referral program.
The average annual spending needs tobe
The average annual spending needs tobeto acheve $5,000,000in profit increase
d. Use the original assumptions for the spreadsheet model to compare the following three scenarios. Which scenarlo will yield the highest profit from the referral program? What is the highest profit?
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