seem to be performing well in the environment no mention of sales couldnt understand this KPI in page 12 of presentation any one understand it?
"Significant adjustment to credit reserves
In 2007, total reserves were approximately 30 basis points of revenue
Increased to approximately 130 basis points of revenue in 2008
Forecasting approximately 175 basis points reserve on revenue in 2009 as the downturn in the US
economy deepens"
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