Question

Jake owns a garden supply store. His revenue at the end of last month was $12,200. What is Jake's run rate?

o o o o
$73,800
$96,400
$146,400
$101,100

Answer 1

Run rate = annualized revenue. Multiply last month's revenue by 12:

$12,200 × 12 = $146,400.

So the correct choice is $146,400.