Freebase (0.00 / 0 votes) Rate this definition: Xiao. The xiao is a Chinese vertical end-blown flute. It is generally made of dark brown bamboo. It is also sometimes called dÃ²ngxiÄo, dÃ²ng meaning hole. An ancient name for the xiÄo is shÃ¹zhÃºdÃ­ but the name xiÄo in ancient times also included the side-blown bamboo flute, dizi. The xiÄo is a very ancient Chinese instrument usually thought to have developed from a simple end-blown flute used by the Qiang people of Southwest China in ancient period.
Best Answer: Sales OR Sales Revenue = (Sales Price)*No of products sold. in specific time period. Turnover = How many times a company's products sold in a. specific time(usually a year). It can be how many times a. product is sold in a specific store in a year(in this case.
Sales. Sales are purchases of the company's goods or services by customers. For companies using accrual accounting, this includes both cash payments and payments made on account. The sales account, otherwise known as the revenue account, is found at the top of the company's income statement. However, at the end of every account period the sales account is closed to equity as part of the closing process. Therefore, the aggregation of sales over the company's history is found in the equity accounts.