Turnover
Turnover refers to the total revenue generated by a business during a given period. In some regions, itβs used interchangeably with sales. In others, it may refer to asset or inventory turnover how efficiently assets are used to generate revenue. It’s a key indicator of business activity.
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Trade Discount
A trade discount is a price reduction offered by sellers to buyers, usually wholesalers or repeat customers, for bulk purchases…
Trust Account
A trust account is a special bank account where funds are held by one party for the benefit of another.…
Transfer Pricing
Transfer pricing is the method used to determine prices for goods, services, or intellectual property exchanged between related entities within…
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