Note
Some computer programs measure the stock turns of an item using the actual number sold.
The important issue is that any organization should be consistent in the formula that it
Read more about this topic: Inventory Turnover
Famous quotes containing the word note:
“No, in your rural letter box
I leave this note without a stamp
To tell you it was just a tramp
Who used your pasture for a camp.”
—Robert Frost (1874–1963)
“His ear is so sensitively attuned to the bugle note of history that he is often deaf to the more raucous clamour of contemporary life.”
—Aneurin Bevan (1897–1960)
“However intense my experience, I am conscious of the presence and criticism of a part of me, which, as it were, is not a part of me, but a spectator, sharing no experience, but taking note of it, and that is no more I than it is you. When the play, it may be the tragedy, of life is over, the spectator goes his way. It was a kind of fiction, a work of the imagination only, so far as he was concerned.”
—Henry David Thoreau (1817–1862)