This ratio tells us that, on average, Costco turned over its inventory 11.64 times during its 2015 fiscal year. We can go one step further to calculate how long it takes Costco to sell its average unit of inventory by dividing 365 by the company's inventory turnover ratio of 11.64.
Carhartt, Inc. , is a U.S. -based clothing company founded in 1889 that focuses on work clothes. It is still a family-owned company, owned by the descendants of company founder Hamilton Carhartt, with its headquarters in Dearborn, Michigan.
Answer Karl Benz in 1885 Answer The first car was invented in the year of 1769 by a Frenchman named Nicolas Joseph Cugnot. iI was built under his instructions in the Paris â¦Arsenal by Mechanic Brezin. The car only had 3 wheels and was used to carry heavy artillery during war.