Multiple Choice
In determining lifetime value for individual customers, customer acquisition costs are determined by:
A) dividing advertising costs by the number of customer transactions
B) dividing the total marketing and advertising costs by the number of new customers
C) dividing the total marketing and advertising costs by the number of total customers
D) dividing the advertising costs associated with acquiring new customers by the number of new customers
Correct Answer:

Verified
Correct Answer:
Verified
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