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:
“My note to you I certainly did not expect to see in print; yet I have not been much shocked by the newspaper comments upon it. Those comments constitute a fair specimen of what has occurred to me through life. I have endured a great deal of ridicule without much malice; and have received a great deal of kindness, not quite free from ridicule. I am used to it.”
—Abraham Lincoln (1809–1865)
“For do but note a wild and wanton herd
Or race of youthful and unhandled colts
Fetching mad bounds, bellowing and neighing loud,
Which is the hot condition of their blood;
If they but hear perchance a trumpet sound,
Or any air of music touch their ears,
You shall perceive them make a mutual stand,
Their savage eyes turned to a modest gaze
By the sweet power of music.”
—William Shake{peare (1564–1616)
“The note of the white-throated sparrow, a very inspiriting but almost wiry sound, was first heard in the morning, and with this all the woods rang. This was the prevailing bird in the northern part of Maine. The forest generally was alive with them at this season, and they were proportionally numerous and musical about Bangor. They evidently breed in that State.”
—Henry David Thoreau (1817–1862)