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Tenant-Days
A metric used in real estate and hospitality to represent the total number of days that tenants or guests occupy a space in a given period.
Flexible Budget
A budget that adjusts or flexes with changes in volume or activity, allowing for more accurate comparison of actual results to budgeted figures.
Budgeting Formulas
Mathematical expressions or equations used to project financial figures such as revenues, expenses, and net income for planning purposes.
Wages and Salaries
Compensation paid by employers to employees for their labor, including both hourly wages and annual salaries.
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