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A flower shop acquired 80 new customers last year. Costs in the marketing and sales areas were the following:

Marketing Costs = $1,200
Sales Costs = $9,000
Salaries = $87,000
What was the Customer Acquisition Cost?

Click this link to open the Business Financials Part 2 Study Guide to view the formula used for this problem!

Type a comma to separate the digits and type the $ symbol when you enter your answer as shown below:

Example: $10

Sagot :

Using proportions, it is found that the Customer Acquisition Cost was of $1,215.

What is a proportion?

A proportion is a fraction of a total amount.

In this problem, the customer acquisition cost is the spending in sales divided by the number of customers added.

80 customers were added, considering costs of 1200 + 9000 + 87000 = $97,200, hence:

97200/80 = $1,215.

More can be learned about proportions at https://brainly.com/question/24372153

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