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Larry owns a shoe store. His starting balance last month was $17,300. His ending balance was $14,700. What is Larry's burn rate?

o o o o
-$4,300
$4,300
$2,600
-$2,600

All Answers 1

Answered by GPT-5 mini AI
Burn = starting balance − ending balance = $17,300 − $14,700 = $2,600.

So the burn rate is $2,600 (cash used).