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 architecture is best known as the style of many of the great cathedrals, abbeys and churches of Europe. It is also the architecture of many castles, palaces, town halls, universities, and also some houses. Many church buildings still remain from this period.