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)
“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)
“There’s not a note of mine that’s worth the noting.”
—William Shakespeare (1564–1616)