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Hi. TTM are used during interim statements. For simplistic purposes, let use an example: Sales- YTD 05/31/2007 $745,000 Fiscal Year End -FYE 08/31/2007 ( $1,553,000 Current YTD 05/31/2008 (what your reviewing today) $719,000 Training Twelve Months equals. =-$745,000+1,553,000+$719,000 Answer: $1,527,000

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