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.
The key difference between operating income and net income is that while operating income is the income caused by the conducting business operations, net income is the profit left after considering all the expenditure incurred. CONTENTS 1. Overview and Key Difference 2. What is Operating Income 3. What is Net Income 4.