What is the relation between the customer retention (CR) and average customer life (N)?

A) CR=1/N
B) CR=1+(1/N)
C) CR=N/2
D) CR=(N-1)/2
E) CR= 1-(1/N)

E

Business

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A balance sheet is a statement of the financial position of the firm on a given date, including its asset holdings, liabilities, and equity

Indicate whether the statement is true or false

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