During the past year, a regional pest control service spent $1,400,000 and acquired 64,800 new...
60.1K
Verified Solution
Link Copied!
Question
Accounting
During the past year, a regional pest control service spent $1,400,000 and acquired 64,800 new customers. In addition, the company had 154,890 customer relationships in existence at the start of the year and only 87,957 remained at the end of the year despite spending $500,000 of retention based marketing. What are is the average cost per customer acquired in the past year?
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
