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:
“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)
“Poor old Jonathan Bing
Went home and addressed a short note to the King:
If you please will excuse me
I won’t come to tea;
For home’s the best place for
All people like me!”
—Beatrice Curtis Brown (1901–1974)
“A note as from a single place,
A slender tinkling fall that made
Now drops that floated on the pool
Like pearls, and now a silver blade.”
—Robert Frost (1874–1963)