Question 16 05 points A A local dental practice decides to...
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A local dental practice decides to run a Groupon campaign. The campaign offered $ worth of dental services such as teeth whitening for $ For the total campaign, coupons were sold. We estimate that of the coupons will be redeemed, that of the coupons will be redeemed by existing customers and that, on average, Groupon fustomers purchased coupons. Let's assume that of new customers come back after the Groupon coupon visit. The dental practice estimates its cost of goods sold to be Finally, the bill for the average Groupon customer was $ The dental practice negotiated a split with Groupon.
Calculate the Groupon campaign profitloss
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