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what is the formula for determining run rate? current revenue for one m…

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

Explanation:

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.

Answer:

Current revenue for one month x 12