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:
“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)
“The most considerable difference I note among men is not in their readiness to fall into error, but in their readiness to acknowledge these inevitable lapses.”
—Thomas Henry Huxley (1825–95)
“There is a note in the front of the volume saying that no public reading ... may be given without first getting the author’s permission. It ought to be made much more difficult to do than that.”
—Robert Benchley (1889–1945)