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.
It is the difference between the revenue a company earns in a given period and the cost of goods sold, or COGS. If you generate $420,000 in revenue and your COGS are $210,000, for instance, your gross profit is $210,000. In essence, the company makes $210,000 on sales before factoring in non-product related expenses.