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:
“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)
“In our Mechanics’ Fair, there must be not only bridges, ploughs, carpenter’s planes, and baking troughs, but also some few finer instruments,—rain-gauges, thermometers, and telescopes; and in society, besides farmers, sailors, and weavers, there must be a few persons of purer fire kept specially as gauges and meters of character; persons of a fine, detecting instinct, who note the smallest accumulations of wit and feeling in the bystander.”
—Ralph Waldo Emerson (1803–1882)
“I note what you say of the late disturbances in your College. These dissensions are a great affliction on the American schools, and a principal impediment to education in this country.”
—Thomas Jefferson (1743–1826)