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What Is the Formula for Determining Burn Rate? 0000 Burrrate=Month Starting Balance/Month Ending Balance. Burn Rate=Month Starting

Problemas

What is the formula for determining burn rate? 0000 Burrrate=Month starting balance/Month ending balance. Burn rate=Month starting balancetimes Month ending balance: Burn rate=Month starting balance+Month ending balance Bum rate=Month starting balance - Month ending balance

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Respuesta

The correct formula for determining burn rate is: Burn rate is a measure of how quickly a company is spending its available funds. It is calculated by subtracting the ending balance of a month from the starting balance of the same month. This gives the amount of funds that were used during that month.