Question
A hair salon acquired 100 new customers last year. Costs in the marketing and sales areas were the following: Marketing costs= 1,000 Sales costs= 10,000 Salaries= 96,000 What was the customer acquisition cost? 0000 11,000 110 107,000 1,070
Answer
4.1
(207 Votes)
Raymond
Professional · Tutor for 6 years
Answer
### \$110
Explanation
## Step 1: Calculate the total costs for marketing and sales.### Add the marketing costs and sales costs together to get the total marketing and sales costs:
\text{Total Marketing and Sales Costs} = \
10,000 = \
11,000}{100} = \
$