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.
Net Profit vs. Operating Profit. May 6, 2011. Operating profit is the amount of gain or loss obtained from the firm's core operations. Net profit, on the other hand, is the bottom line; the amount of money that shareholders have made at the end of an operating period after all parties, such as the taxman and creditors, have been fully paid.