What is Water Economics?
Flowing water is a Chinese word, pronounced liú shu. Flowing water refers to the turnover in business, and it can also refer to the capital account of a bank account.
running water
(Economic Concept)
discuss
- Chinese name
- running water
- Types of
- Conceptual noun
- Field
- economic
- Definition
- Business value [1]
- Flowing water is a Chinese word, pronounced liú shu. Flowing water refers to the turnover in business, and it can also refer to the capital account of a bank account.
- Flowing water refers to the business turnover, which is the total amount of only your products or commodities in the transaction. This indicator does not exclude costs such as purchases or raw materials. It can also refer to the entry and exit of funds from a bank account.
- Common turnover (flowing) formulas are:
- Turnover / number of transactions = average transaction unit price
- Turnover / Number of Sales = Average Product Price