Section 4

what is the formula for determining run rate

• current revenue for on month +12

• current revenue for on month /12

• current revenue for on month -12

• current revenue for on month x12

what is the formula for determining selling prices?

• selling cost=(cost-desired profit margin)/cost

• selling cost=(cost x desired profit margin)-cost

• selling cost=(cost/desired profit margin)+cost

• selling cost=(cost x desired profit margin)+cost

what is the formula for determining equity?

• Equity= Liabilities/assets

• Equity= assets x liabilities

• Equity= assets - liabilities

• Equity= Liabilities - assets

what is the formula for determining net income

• net income = income - cost of goods sold - expenses

• net income = income x cost of goods sold x expenses

• net income = income - cost of goods sold x expenses

• net income = income - cost of goods sold + expenses

what is the formula for determining gross profit?

• gross profit = income x cost of goods

• gross profit = income + cost of goods

• gross profit = income / cost of goods

• gross profit = income - cost of goods

what is the formula for determining income tax?

• income tax expense = gross profit - tax rate

• income tax expense = gross profit x tax rate

• income tax expense = gross profit + tax rate

• income tax expense = gross profit / tax rate

what is the formula for determining a break-even point?

• break-even point = Total cost x product or service sales price

• break-even point = Total cost / product or service sales price

• break-even point = Total cost - product or service sales price

• break-even point = Total cost + product or service sales price

what is the formula for determining ending cash balance?

• ending cash balance = total cash - total cost

• ending cash balance = total cash + total cost

• ending cash balance = total cash / total cost

• ending cash balance = total cash x total cost

what is the formula for determining burn rate

• 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

what is the formula for determining run rate

• current revenue for one month + 12

• current revenue for one month / 12

• current revenue for one month x 12

• current revenue for one month - 12