Annualizing number

[bluepenink]

Hi there

trying to get some logic to work here.

I have Jul-Oct YTD sales number of $824 for sales rep based on tenure in the company.

Fiscal month = 4
Tenure in company in months (current year) = 4

I want to annualize it for full year, so will the calculation be:
=($824/# months worked in company in fiscal year)*(12-fiscal month #)

= $1648

is the above calculation correct or would it simply be:

= ($824/fiscal month)*12
=$2473

slightly confused on which method to use?

thanks

 

[Joe4]

I think it would simply be:

[COLOR=#333333]=($824/# months worked in company in fiscal year)*(12)[/COLOR]

 

[bluepenink]

I think it would simply be:

[COLOR=#333333]=($824/# months worked in company in fiscal year)*(12)[/COLOR]

great thanks!