The inventory turnover formula, which is stated as the cost of goods sold (COGS) divided by average inventory, is similar to the accounts receivable formula. When you sell inventory, the balance ...

Also assume that cost of sales is £2000. Inventory turnover formula: \(\frac {\text{Cost of sales}} {\text{Average stock}} = \frac {£2000} {£2250} = 0.9~ \text{times per year}\) This is a low ...

Does the Fed need to continue its program of quantitative tightening? Read more about how M2 money stock trends and spending ...