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Terri owns a computer repair shop. Her revenue at the end of last month was $8,000. What is Terri's Run Rate?

Click this link to open the Business Financials Part 2 Study Guide to view the formula used for this problem!

Type a comma to separate the digits and type the $ symbol when you enter your answer as shown below:

Example: $15,300

Sagot :

abiolataiwo2015

Based on the information given Terri's Run Rate is $96,000.

Run rate

Using this formula

Run rate=Revenue for the Period × Number of months in a year

Where:

Revenue for the Period =$8,000

Number of months in a year=12 months

Let plug in the formula

Run rate=$8,000×12 months

Run rate=$96,000

Inconclusion Terri's Run Rate is $96,000.

Learn more about run rate here:https://brainly.com/question/16134508

Answer:

$96,000

Step-by-step explanation:

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