hard · Private Equity & LBOs

TechCo has an Annual Recurring Revenue (ARR) of $40M. In the last quarter, it spent $5M on Sales and Marketing (S&M) and added $2M in new ARR.

What is the company's 'Magic Number'?

  1. 0.4
  2. 1.6
  3. 2.0
  4. 8.0

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