Question

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

Answer 1

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

Run rate

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/16134508