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 the largest Gothic cathedral and the third-largest church in the world. It is also the largest cathedral in the world, as the two larger churches, the Basilica of the National Shrine of Our Lady of Aparecida and St Peter's Basilica, are not the seats of bishops.