Turnover is the amount of money the corporation received for products it sold. It is not the profit but the sale price received. The profit may be much lower as the corporation is paying salaries, purchasing raw materials and pays interest on loans.
Simcountry Dictionary
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Turnover is the amount of money the corporation received for products it sold. It is not the profit but the sale price received. The profit may be much lower as the corporation is paying salaries, purchasing raw materials and pays interest on loans.