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What is the formula for determining burn rate? Burn rate=Month starting balance /Month ending balance Burr rate=Month starting balance - Month ending balance Bum rate=Month starting balance + Month encing balance Burr rate=Month stariing balance times Month ending balance

Pergunta

What is the formula for determining burn rate?
Burn rate=Month starting balance /Month ending balance
Burr rate=Month starting balance - Month ending balance
Bum rate=Month starting balance + Month encing balance
Burr rate=Month stariing balance times Month ending balance

What is the formula for determining burn rate? Burn rate=Month starting balance /Month ending balance Burr rate=Month starting balance - Month ending balance Bum rate=Month starting balance + Month encing balance Burr rate=Month stariing balance times Month ending balance

Solução

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AgnethaProfissional · Tutor por 6 anos

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The correct formula for determining burn rate is:<br /><br />$Burn\quad rate=Month\quad starting\quad balance\quad -\quad Month\quad ending\quad balance$<br /><br />Burn rate is a measure of how quickly a company is spending its cash reserves, and it is typically calculated by subtracting the ending balance from the starting balance for a given period of time, usually a month. This formula gives the rate at which a company is burning its cash reserves.
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