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velikii [3]
2 years ago
15

Terri owns a computer repair shop. Her revenue at the end of last month was $8,000. What is Terri's Run Rate?

Business
2 answers:
777dan777 [17]2 years ago
5 0

Answer:

96,000

Explanation:

took the test

Katen [24]2 years ago
4 0

Based on the information given Terri's Run Rate is $96,000.

<h3>Run rate</h3>

Using this formula

Run rate=Revenue for the Period × Number of months in a year

Where:

Revenue for the Period =$8,000

Number of months in a year=12 months

Let plug in the formula

Run rate=$8,000×12 months

Run rate=$96,000

Inconclusion Terri's Run Rate is $96,000.

Learn more about run rate here:brainly.com/question/26822187

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Answer:

Explanation:

In the income statement, the total revenues and the total expenses are recorded.  

If the total revenues are more than the total expenditure then the company earns net income

And, If the total revenues are less than the total expenditure then the company have a net loss

This net income or net loss would reflect in the statement of the retained earning account.  

Before preparing the income statement, we have to compute the net income or net loss for the given period which is shown below:

Net income = Service revenue - Salaries Expense - Supplies Expense - Rent Expense - Depreciation Expense - Delivery Expense

= $245,000 - $104,000 - $17,000 - $23,000 - $38,000 - $15,000

= $48,000

The preparation of the income statement is presented in the spreadsheet. Kindly find the attachment below:

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3 years ago
An investor implements a collar strategy by purchasing 100 shares of the Tesla stock at a price of $840 per share, selling 100 c
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Explanation:

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A good marketing plan helps managers make strategic decisions and provides a framework for effective implementation and control.

<h3>What are implementation and control?</h3>
  • One of many strategic controls available to the company to help direct the strategy's execution is implementation control. Implementation control aims to ensure that results are being delivered while maintaining strategy execution on course as planned.
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A good marketing plan helps managers make strategic decisions and provides a framework for effective implementation and control.

To learn more about implementation and control, refer to:

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A forecast that addresses the business cycle by predicting planning indicators is
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