What is Turnover of a Company and its Effects
Cheggindia98704 Jan, 2024Business
In the accounting world, the word ‘Turnover’ is used frequently. Many people need clarification regarding what is turnover of a company. Turnover reflects how quickly a business performs its operations and earns revenue. A company is profitable when it has a high turnover rate. Annual turnover is an important part of all businesses. It would help you to understand how well your company is performing.
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