Investment banks are financial institutions that assist individuals, corporations, and governments in raising financial capital by underwriting or acting as the client's agent in the issuance of...

Exemption refers to the ability of a person to not pay taxes on a certain amount incurred. When deductions occur, a portion of the taxable income reduces. The tax payer pays all the taxes and then files for...

Sales turnover is the amount of money that is earned by a company after selling its products/services. Profit of a company, the earnings of the company after all the costs has been deducted.

Sales turnover and sales is quite similar in nature. Sales are the revenue that is earned by a company via sale of its product. Similarly, sales turnover is the amount of money that is earned by a company...

Turnover represents the value of goods and services provided to customers during a specified time period. Profit is basically the revenue minus the costs incurred.