Cleveland weather averages and climate Cleveland, Ohio. The monthly temperature, precipitation and hours of sunshine. A climate graph showing the rainfall data, temperatures and normals. Average weather Cleveland, OH.
Net Revenue and Net Profit. Some companies interchange the term net revenue and net profit. This can be a source of confusion, as revenue usually identifies income from normal and usual sales. Operating income identifies revenue minus operating expenses. Net revenue often equals gross profit, resulting from sales less cost of sales. When used to mean net profit, the term net revenue should be explained to the listener or reader.
Total Revenue. Total revenue profit is a combination of two accounting principles. Total revenue is the income a business receives from the sale of all the goods produced. Total profit is determined by subtracting total costs from revenues. Total revenue is determined by multiplying the price received for each unit sold by the number of units sold. Total revenue profits are a product of subtracting total costs from total revenue. Total Costs Economists include two types of costs in the total cost calculations.