Terri owns a computer repair shop. Her revenue at the end of last month was $7.450. What is Terri's run rate?

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Multiple Choice

Terri owns a computer repair shop. Her revenue at the end of last month was $7.450. What is Terri's run rate?

Explanation:
Run rate is the annualized revenue based on the current period. If Terri earned $7,450 in the last month and that pace continues for a year, multiply by 12: 7,450 × 12 = 89,400. So the run rate is $89,400. Keep in mind this is a projection assuming monthly revenue stays the same.

Run rate is the annualized revenue based on the current period. If Terri earned $7,450 in the last month and that pace continues for a year, multiply by 12: 7,450 × 12 = 89,400. So the run rate is $89,400. Keep in mind this is a projection assuming monthly revenue stays the same.

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