From e690c077dff6580774bd231f692a084879f514ca Mon Sep 17 00:00:00 2001 From: Joanne Stableford <59930035+JoStableford@users.noreply.github.com> Date: Mon, 20 Nov 2023 16:11:52 -0600 Subject: [PATCH] Update formula in quarterly reporting (#15223) --- handbook/business-operations/README.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/handbook/business-operations/README.md b/handbook/business-operations/README.md index 28f0e13db1..30c65e0097 100644 --- a/handbook/business-operations/README.md +++ b/handbook/business-operations/README.md @@ -192,7 +192,7 @@ Follow these steps to perform quarterly reporting for Fleet's investors: - Net dollar retention rate - How to calculate: (starting ARR + new subscriptions and expansions - churn)/starting ARR. - Cash burn - - How to calculate: (start of quarter runway - end of quarter runway)/3. + - How to calculate: start of quarter runway - end of quarter runway. ### Grant equity