what is net turnover and how to calculate?
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The Turnover is calculated on basing of company nature of
businees, for trading companies were calculate on basing of
sales, for construction companies were calculate on basing
of work done.
| Is This Answer Correct ? | 6 Yes | 5 No |
Answer / lipsa pati
The total amount of business done by any business
concern.For a manufacturing firm it is the total units of
product sold, for a construction firm it is the total paid
up works,for service industry the revenue collected by
rendering services.
| Is This Answer Correct ? | 4 Yes | 6 No |
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1 Answers Karnatak University,
Audit 
