My friend's grandmother is a spouse of a deceased Chrysler employee (passed away 2 years ago). What will happen to the pension she receives? In what cases will it get cut or eliminated?...
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I think taco bell is great - and would do well in the UK... but why are their no stores here? Is it becuase they don't have an international license or they just don't think it will go down ...
Revenue can be any form of Revenue. It could be out of:
Sale of Investments
Sale of Assets
Bonus Earned on other investments
Dividend received from shares in other companies.
Including REVENUE from SALES.
The last item " REVENUE FROM SALES" is called TURNOVER.
NO other above mentioned item can be called as turnover, though they all are revenue.
Turnover is the amount of funds the company has collected by SALE OF GOODS/ SERVICES.
Every other form of income earned is a REVENUE.
Arijit Roy
As far as i know all three terms mean the same thing income or revenue or turnover is that a company receives from its normal business activities like sale of goods or client servicing. Some companies also derive revenue from other sources like dividends, interests or royalties they receive form other companies.
Some companies call revenue from sale of goods or from services as turnover, but in UK it is referred as revenue.
I hope that answers your question to some extent.
Cheers!
Jay Parashar
Simply revenue means money or currency. The sum of money, government collects from any source, which can be spent on development works for the country.
Income is the sum of money you earn or which comes into your pocket is income.
Turnover is the total income of a company, firm or enterprise for a one financial year.
iceberge
all three mean the same in the accounting context
Vivek R
revenue is the amount collected by the government by various types and which is spent for development works. Income means the amount received by you by various types like selling of products,or any other work done by you. Turnover means the total income received by a company in a year
help
TURNOVER= the amount of business done; especially : the volume of shares traded on a stock exchange . movement (as of goods or people) into, through, and out of a place b : a cycle of purchase, sale, and replacement of a stock of goods; also : the ratio of sales for a stated period to average inventory c : the number of persons hired within a period to replace those leaving or dropped from a workforce; also : the ratio of this number to the number in the average force maintained
Revenue = tax paid to the govt.
Income= salary of an individual .
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