The inventory turnover ratio can be defined as the amount of inventory sold, divided by average inventory during the period. With Costco's financials in hand, one can quickly calculate its inventory turnover ratio with just three pieces of data, shown below in the table.
Carl Edwards was born in Columbia, Missouri on August 15, 1979. He graduated from Rock Bridge High School in 1997. Edwards initially did not plan to attend college, but he received some state assistance and decided to attend the University of Missouri in his hometown of Columbia.
Born: 1856 in Hale's Ford, Virginia; Died: November 14, 1915 in Tuskegee, Alabama; Best known for: Opening the Tuskegee Institute; Biography: Where did Booker T. Washington grow up? Booker T. Washington was born into slavery sometime in 1856. His mother, Jane, and stepfather, Washington, worked on a plantation in Virginia. He had a brother and a sister. They all lived in a small wooden one-room shack where the children slept on the dirt floor.