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A customer purchased a three-year WebEx contract of 100 seats at $10 per seat. What is the annual recurring revenue?
Suggested Answer: C
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18 comments · newest first
LA
Lashawn
10 days ago
I agree, C makes sense.
AR
Arlette
15 days ago
Yes, option C is correct!
LA
Lavonna
20 days ago
That means $3000 annually.
LA
Lashawn
25 days ago
So, $10,000 per year.
AR
Arlette
1 month ago
Right, divided by 3 years.
LA
Lavonna
1 month ago
The total cost is $30,000.
LA
Lashawn
1 month ago
I feel confident about it.
AR
Arlette
2 months ago
It's just basic math!
LA
Lavonna
2 months ago
I think it's tricky.
GL
Glenn
2 months ago
Definitely C, $3000 total.
RE
Rebbeca
2 months ago
Wait, is it really that much? Sounds off.
LA
Lachelle
2 months ago
I think it's actually $3000 for three years.
LE
Lera
2 months ago
That means $1000 per year, right?
GE
Gertude
3 months ago
It's $10 per seat for 100 seats.
CO
Corazon
3 months ago
I keep mixing up the total revenue and the annual revenue. Is it $1000 or $3000? I really need to clarify this before answering.
SH
Shalon
3 months ago
I practiced a similar question last week, and I think the total for three years is $3000, which makes the annual recurring revenue $1000.
JA
Jade
3 months ago
If I remember correctly, for a three-year contract, we should just focus on the annual amount. So, it might be $1000, but I need to double-check.
ON
Ona
3 months ago
I think the annual recurring revenue is calculated by multiplying the number of seats by the price per seat and then by the number of years, but I'm not entirely sure.