Cleveland's healthcare sector also includes University Hospitals of Cleveland, a renowned center for cancer treatment, MetroHealth medical center, and the insurance company Medical Mutual of Ohio. Cleveland is also noted in the fields of biotechnology and fuel cell research, led by Case Western Reserve University, the Cleveland Clinic, and University Hospitals of Cleveland.
Revenue is integral to a business to cover the costs of producing and selling its goods or services. Without it, profit would not exist. Calculate total revenue by multiplying the price per unit by the quantity sold. For example, if a company sells 100 light bulbs at $3 each, the total revenue is $300.
The terms profit and income are largely interchangeable when discussing net and gross figures, although there is a real difference between net income and net profit after taxes.Gross vs. Net. No matter what the context, gross numbers are always used in the calculation of net numbers.For business accounting, gross income includes all revenue that a company earns over the course of the year. Gross income incorporates all cash, checks, credit charges, rents, interest earned and dividends, among others.he terms profit and income are largely interchangeable when discussing net and gross figures, although there is a real difference between net income and net profit after taxes. Gross vs. Net.