what is the formula for determining run rate? current revenue for one month - 12 current revenue for one…
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
Answer
Brief Explanations:
The run - rate is an estimate of future performance based on current performance. To annualize the monthly revenue, we multiply the current revenue for one month by 12.
Answer:
Current revenue for one month x 12