# Projected Revenue

Prior Year: New Revenue = 248,631. Renewal Revenue = 369519. Conversion rate = 41.7%. What is the Renewal RAte? (Def: Conversion rate = new rev converts to renewal rev in the following yr. Renewal rate = renewal rev that converts to renewal revenue in the following yr. Renewal Revenue is comprised of partly the prior years new sales and prior years renewal sales

1. 👍
2. 👎
3. 👁

## Similar Questions

A total revenue function is given by R(x) = 1000(x^2 - 0.1x)^1/2 , where R(x) is the total revenue, in thousands of dollars, from the sale of x items. Find the rate at which total revenue is changing when 20 items have been sold.

2. ### Algebra

Amtrak's annual passenger revenue for the years 1985-1995 is modeled approximately by the formula R=-60|x-11|+962 where R is the annual revenue in millions of dollars and x is the number of years after 1980. In what year was the

3. ### college algebra

Demand Equation: The price p, in dollars, and the quantity x sold of a certain product obey the demand equation x = -5p + 100, 0 (less than or equal to) p (less than or equal to) 20 a.) Express the revenue R as a funtion of x. b.)

4. ### Math

Find the maximum revenue for the revenue function R(x) = 359x − 0.6x2. (Round your answer to the nearest cent.) R = \$

1. ### mathematics

2. In its first year, “Abol Buna Co” had the following experience Sales = 25,000 units Selling price = br. 100 TVC = br. 1,500,000 TFC = br. 350,000 Required: 1. Develop Revenue, cost & profit functions for the co. in terms of

2. ### Survey of Calculus

A total revenue function is given by R(x) = 1000(x^2 - 0.1x)^1/2 , where R(x) is the total revenue, in thousands of dollars, from the sale of x items. Find the rate at which total revenue is changing when 20 items have been sold.

3. ### Algebra

Find the maximum revenue for the revenue function R(x) = 383x − 0.6x2.

4. ### accounting

Classify each of the following items as owner's drawing, revenue, or expense. (a) Advertising expense (b) Commission revenue (c) Insurance expense (d) Salaries Expense (e) Bergman, Drawing (f) Rent revenue (g) Utilities expense

1. ### precalculus

Find the maximum revenue for the revenue function R(x) = 352x − 0.6x2. (Round your answer to the nearest cent.)

2. ### calculus

because of a slump in the economy, a company finds thatr its annual revenue have dropped from \$724,000 in 2006 to \$632,000 in 2008. if the revenue is following an exponential ppattern of decline, what is the expected revenue for

3. ### Managerial Economics

Consider the Linear demand function Q = 20 - 0.5P c- Using calculus, find the level of output, Qrmax, where total revenue reaches its maximum value. What price Prmx maximizes total revenue? What is the value of TR at this maximum

4. ### Microeconomics

Monopolistic Competition A monopolistically competitive market could be considered inefficient because: A. Marginal revenue exceeds average revenue B. Price exceeds marginal cost C. Efficient scale is realized in the long run, but