CHURN RATE Definition

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CHURN RATE is the percentage of customers (e.g., cellular telephone subscribers) that cancels their service per month.

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BLUE SKY LAW is a law providing for state regulation and supervision of the issuance of investment securities.

SALES AND COLLECTIONS BUDGET represents one of the first steps in the budgeting process, as items such as inventory levels and operating expenses are driven off of the Sales and Collections Budget. Effective sales budgeting is a key factor in building a useful and representative financial model for a business. Regardless of the nature of your business (for example, whether it is product or service-based).

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