Beverage Inventory Turnover Ratio

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Jul 24, 2020, 6:28:07 PM

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Jul 22, 2015, 2:46:55 AM

Beverage Inventory Turnover Ratio = \frac{Cost of Beverage Consumed}{\frac{Beginning Beverage Inventory + Ending Beverage Inventory}{2}}

$"Beverage Inventory Turnover Ratio " = "Cost of Beverage Consumed" /(( "Beginning Beverage Inventory" + "Ending Beverage Inventory" )/2)$

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Dopson, Lea R., and David K. Hayes. Managerial Accounting for the Hospitality Industry. Hoboken, NJ: Wiley, 2009. Print.
"Inventory Turnover Definition | Investopedia." Investopedia. N.p., 24 Nov. 2003. Web. 06 Aug. 2015.

This equation, Beverage Inventory Turnover Ratio, is used in 2 pages

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