If current monthly revenue is $8,000, what is the annual run rate?

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Multiple Choice

If current monthly revenue is $8,000, what is the annual run rate?

Explanation:
Annual run rate shows what revenue would be over a full year if the current monthly performance continues. To get it, multiply the monthly amount by 12. So, 8,000 per month times 12 months equals 96,000. That makes the annual run rate $96,000. The other options don’t fit because they either show just the monthly figure, or a mis-scaled number that doesn’t reflect annualizing over 12 months.

Annual run rate shows what revenue would be over a full year if the current monthly performance continues. To get it, multiply the monthly amount by 12. So, 8,000 per month times 12 months equals 96,000. That makes the annual run rate $96,000. The other options don’t fit because they either show just the monthly figure, or a mis-scaled number that doesn’t reflect annualizing over 12 months.

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