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Profit is the amount of money left over from a sale after all costs, including labor, building rent, utilities, theft, etc. has been taken out. As AN example, a Walmart store has $44 million in sales, $39 million in costs and expenses, and $2.8 million in taxes, leaving roughly 5 % profit. Turnovers is a term to express the numbers of time that the stores inventory is sold in a year, i.e. this Walmart may turn 11 times, if it's inventory is $4.4 million.

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Q: What is the difference between profit and turnover?
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Difference between net profit and turnover?

Net Profit is the profit determined by a company after deducting the cost of product plus the cost of carrying the prdt from the gross received amount. While turnover of a company represents the total volume of sales a company does .It includes the cost price of the product plus the profit.


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There is no difference.


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No difference.


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No difference. They mean the same thing.


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