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.
Gothic cathedrals were well made buildings from long ago. They were made so perfectly that some still stand today because of their unique features, some of which are now used for reparing other buildings similar to them. With all of their history and beauty they truly are a magnificent addition to our past.