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Answer Posted / syeda shadab
everyone has written turnover is the sales figure of the company.i want to ask everyone the sales are mostly down in the FMCG companies.that means for the I.T copanies they doesnt have the turnover of their companies.
turnover is not the sales figure or the market figure.it is the difference between the liabilities and the assets.
turnover can be calculated as
=LIABILITIES-ASSETS (of the company)
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