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)
“Alexander Woollcott broadcasts the story of the wife who returned a dog to the Seeing Eye with this note attached: “I am sending the dog back. My husband used to depend on me. Now he is independent, and I never know where he is.””
—For the State of New Jersey, U.S. public relief program (1935-1943)
“For sounds in winter nights, and often in winter days, I heard the forlorn but melodious note of a hooting owl indefinitely far; such a sound as the frozen earth would yield if struck with a suitable plectrum, the very lingua vernacula of Walden Wood, and quite familiar to me at last, though I never saw the bird while it was making it.”
—Henry David Thoreau (1817–1862)