A best friend is not only someone you have a good time with, it is also someone you believe you can trust your life with. A best friend is the first person you call when the most amazing things happen in your life, and when the most horrific incidents happen. A best friend is the person you will always remember no matter what comes about.
Difference between Turnover and Revenue. Key Difference: Turnover refers to how many times a company burns through assets such as cash, inventory, workers, etc. However, revenue represents the money a company earns by selling its goods and services for a price to the consumers.
On the other hand, a company's net income or profit is determined by subtracting its expenses from its revenues. Thus, revenues are the opposite of expenses, and income equals revenues minus expenses. For example a store may sell $300 worth of merchandise, for which it originally paid $200. In that example the company's revenue is $300, its expense is $200, and its net income or profit is $100. Other expenses that are typically deducted from sales or revenues include salaries, rent, utilities, depreciation, and interest expense. When looking at a company's income statement, it is easy to distinguish between revenues, which appear at the top of the statement, and net income, which appears at the bottom.