In a quarterly revenue table: Q1 = 100k, Q2 = 120k, Q3 = 110k, Q4 = 130k. What is the average quarterly revenue?

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Multiple Choice

In a quarterly revenue table: Q1 = 100k, Q2 = 120k, Q3 = 110k, Q4 = 130k. What is the average quarterly revenue?

Explanation:
To find the average quarterly revenue, add all four quarters and divide by four. 100k + 120k + 110k + 130k = 460k, and 460k ÷ 4 = 115k. So the average quarterly revenue is 115k. The other numbers don’t represent the mean of all four quarters; they would come from a different total or looking at a single quarter.

To find the average quarterly revenue, add all four quarters and divide by four. 100k + 120k + 110k + 130k = 460k, and 460k ÷ 4 = 115k. So the average quarterly revenue is 115k. The other numbers don’t represent the mean of all four quarters; they would come from a different total or looking at a single quarter.

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