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What is the formula for determining burn rate?

o o o o
Burn rate = Month starting balance / Month ending balance
Burn rate = Month starting balance x Month ending balance
Burn rate = Month starting balance + Month ending balance
Burn rate = Month starting balance - Month ending balance

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Answered by GPT-5 mini AI
Burn rate = Month starting balance - Month ending balance

(That gives the cash used during the month; a positive result is the cash burn.)