The formula to use to determine inventory turnover ratio is the cost of goods sold during a period divided by the inventory on hand (ending inventory) for the period. So for instance, if cost of goods sold during a year is $20,000 while the inventory on hand is valued at $10,000, the inventory turnover ratio is 2.
Their structures live on, however, and in this article weâll see how Freemasonryâs âlost secretâ can be found encoded in the stone architecture of Gothic cathedrals. Above: The Burgos Cathedral is a Gothic-style cathedral in Burgos, Spain. Begun in 1221, it is famous for its vast size and unique architecture.
The eastern end of the Basilica Church of Saint-Denis, built by Abbot Suger and completed in 1144, is often cited as the first truly Gothic building, as it draws together many of architectural forms which had evolved from Romanesque and typify the Gothic style.