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

Enter a value for all fields

This equation computes for the Beverage Inventory Turnover Ratio which is a ratio that shows how many times a company's beverage inventory is sold and replaced over a period.

Resource:

• 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.