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Question
what is the formula for determining run rate? current revenue for one month + 12 current revenue for one month / 12 current revenue for one month x 12 current revenue for one month - 12
Brief Explanations
The run - rate is an extrapolation of current performance over a year. If you have the current monthly revenue, multiplying it by 12 gives an estimate of annual revenue, which is the run - rate concept.
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Current revenue for one month x 12