Question 1 of 30
A retail company is analyzing its sales performance over the last quarter. They have identified three key performance indicators (KPIs) to measure their success: Total Revenue, Customer Acquisition Cost (CAC), and Customer Lifetime Value (CLV). The company generated a total revenue of $500,000, spent $50,000 on acquiring new customers, and estimates that the average customer will generate $1,200 in revenue over their lifetime. If the company wants to calculate the ratio of Customer Lifetime Value to Customer Acquisition Cost, what is the resulting ratio?
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