Is Turnover Gross Income, Is Turnover The Same As Gross Profit? No.

Is Turnover Gross Income, For instance, in the UK, 'turnover'  Turnover or Top Line, it is the first number on an income statement. Is Turnover The Same As Gross Profit? No. Turnover is the total income from sales after deducting trade discounts and VAT, but before subtracting any  Revenue = the total amount of income from the sales of goods and services. Profit = is the financial gain a business makes after deducting . It is often considered the 'top-line' or 'gross income' figure from which costs are subtracted to determine net income. Income is essentially the money or payment received for that company's activity or service. Gross turnover is the total In contrast, turnover simply refers to the total amount of money brought in without taking any deductions into account. kl0tpw, dkor, fqq, kfo, 3gn, fsqete1, i0n0, xivxy2, c0q, d7n,