What do the Statement Categories mean?

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All of the current period units and dollars are reported in the body of the statement under "Period Activity". At the end of each product, a reasonable reserve percentage, based on historical information, is deducted from gross royalty earnings by product. This portion of royalty earnings is released as appropriate.

CATEGORY

         DESCRIPTION

Trade

Export

Author

Special Sales

Mass Market

Grocery

Mail Order

Church Sales

Sale to Dealer or Distributor

Sale to Distributor in a Foreign Country

Author Purchases

Sale to a Ministry or Charitable Organization for their use

Sale to Mass Merchandisers such as Wal-Mart, etc.

Sales to Grocery or Drug Stores

Sales directly to a Consumer via phone, door to door, or Internet

Sales directly to a Church

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