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.
A company can determine if its inventory is decreasing by comparing the inventory turnover ratio of different periods. For example, a company has COGS of $20,000 and an average inventory of $7,000 for the previous year.The companyâs inventory ratio is $20,000/$7,000 = 2.86.Now, say this year, the company has COGS of $25,000 and an average inventory of $10,000.The companyâs inventory ratio is $25,000/$10,000 = 2.50, denoting a decreasing inventory turnover. company can determine if its inventory is decreasing by comparing the inventory turnover ratio of different periods. For example, a company has COGS of $20,000 and an average inventory of $7,000 for the previous year.