question archive Q6) A software company has spent $1,2 million to develop an app
Q6) A software company has spent $1,2 million to develop an app
Subject:AccountingPrice: Bought3
Q6) A software company has spent $1,2 million to develop an app. Individual subscribers pay $10/month for the service. The number of subscribers for the first nine months of the year has been as follows: Month Churn New (subscribers Net number of Cumulative subscribers who left) subscribers revenue, $ 5,000 0 5,000 Cumulative Profit expenses, $ Loss, $ January February 10,000 0 15,000 March 25,000 2,000 38,000 April 35,000 5,000 May 50,000 5,000 June 90,000 9,000 ... ... July 30,000 15,000 August 15,000 25,000 September 10,000 15,000
