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refers to the average percentage of business received from a company's accounts in a particular category. is the meaning of?

Sagot :

It can be concluded to state that the turnover refers to the average percentage of business received from a company's accounts in a particular category. The statement given above is the meaning of a turnover.

The turnover of a company or an organization can be referred to or considered as the total revenues generated by a firm during the regular course of its business operations with a view to earn the desired returns out of this activity. It is always denoted in terms of percentage if it relates to a particular category.

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