1 Do not soak pans in soapy water; the coating can retain a soap flavor. 2  When you want to remove stains from nonstick cookware, mix 2 tablespoons baking soda with 1 cup water and 1/2 cup liquid bleach. 3  Boil the solution in the pan for several minutes until the stains disappear, then wash as usual.
Inventory Turnover Ratio. Inventory turnover is an efficiency ratio which calculates the number of times per period a business sells and replaces its entire batch of inventories. It is the ratio of cost of goods sold by a business during an accounting period to the average inventories of the business during the period.
To illustrate the inventory turnover ratio, letâs assume 1) that during the most recent year a companyâs Cost of Goods Sold was $3,600,000, and 2) the companyâs average cost in its Inventory account during the same 12 months was calculated to be $400,000. The companyâs inventory turnover ratio is 9 ($3,600,000 divided by $400,000) or 9 times.