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.
It is considered one of the finest examples of French Gothic architecture and is a UNESCO World Heritage Site. The current cathedral, mostly constructed between 1194 and 1250, is the last of at least five which have occupied the site since the town became a bishopric in the 4th century. The cathedral is in an exceptional state of preservation.