4 ms·
Which is rather equivalent to income. Does GDP include any asset? No. Does include the annual turnover of the economy? Yes Is similar to the income for a per
by ausudhz 4y ago
Which is rather equivalent to income.
Does GDP include any asset? No.
Does include the annual turnover of the economy? Yes
Is similar to the income for a person or the gross income for a company
- user_named 4y agoNo, turnover is not income
- ausudhz 4y agoOmg why you don't Google instead of saying things that you know nothing about > Turnover is the net sales generated by a business, while profit is the residual earnings of a business after all expenses have been charged against net sales https://www.accountingtools.com/articles/what-is-the-difference-between-turnover-and-profit.html https://www.accountingtools.com/articles/what-is-the-differe... So yes, turnover for a business is like the income for a person (and income is always before tax, after tax is called net income)