Suppose this information is available for PepsiCo, Inc. for 2012, 2013, and 2014. Instructions Calculate the inventory
Question:
Suppose this information is available for PepsiCo, Inc. for 2012, 2013, and 2014.
Instructions
Calculate the inventory turnover, days in inventory, and gross profit rate for PepsiCo. Inc. for 2012, 2013, and 2014. Comment on anytrends.
Transcribed Image Text:
(in millions) Beginning inventory Ending inventory Cost of goods sold Sales revenue 2012 2013 2014 1,926 2,290 18,038 39,474 2,290 2,522 2,522 20,351 43,251 2,618 20,099 43,232
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 63% (11 reviews)
2012 2013 2014 Inventory turnover times times time...View the full answer
Answered By
Hassan Ali
I am an electrical engineer with Master in Management (Engineering). I have been teaching for more than 10years and still helping a a lot of students online and in person. In addition to that, I not only have theoretical experience but also have practical experience by working on different managerial positions in different companies. Now I am running my own company successfully which I launched in 2019. I can provide complete guidance in the following fields. System engineering management, research and lab reports, power transmission, utilisation and distribution, generators and motors, organizational behaviour, essay writing, general management, digital system design, control system, business and leadership.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Accounting Tools for Business Decision Making
ISBN: 978-1118128169
5th edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
Question Posted:
Students also viewed these Managerial Accounting questions
-
Suppose this information is available for the Automotive Sector of NoGo Motor Company for 2014. NoGo uses the LIFO inventory method. (in millions) Beginning inventory...............$ 10,017 Ending...
-
Find the matrix of the linear transformation T with respect to the bases given: a) T: M (R) P2 (R), defined via T (a b) = a + (b + c)x+ dx, with respect to the basis CD (CDG) of M (R) and the basis...
-
This financial information is available for Klinger Corporation. The weighted-average number of shares of common stock outstanding was 180,000 for 2013 and 150,000 for 2014. Instructions Calculate...
-
Look at the expansion joint in the photo of Figure 15.13. Would you say the photo was taken on a warm day or a cold day? Why?
-
Prove that if A is diagonalizable, so is AT.
-
Let \(F \subset \mathbb{R}\) be a non-void perfect set, i.e. a closed set such that each point in \(F\) is an accumulation point of \(F\). Show that a perfect set is uncountable.
-
Bond Back Clinic, Inc., started a business when Dr. Bond purchased \($8,000\) of stock in the business. Before starting operations, Bond Back Clinic, Inc., borrowed \($5,000\) cash by signing a note...
-
Child Corporation joined the Thrust consolidated group in year 1. At the time it joined the group, Child held a $2 million NOL carryforward. On a consolidated basis, the members of Thrust generated...
-
The Bag Corporation is a distributor of high - end golf bags. In the past, The Bag Corporation produced and sold the golf bags. Over time, they realized it was cheaper to buy the golf bags fully...
-
There are 2 shinobis with chakra levels 5 and 10 respectively and the desired sum of chakra levels is utmost 15 Starting with ke0, suy of chakra levels after attack max(5-0,0) + max(10- 0,0) 5+10 15....
-
Birk Camera Shop Inc. uses the lower-of-cost-or-market basis for its inventory. The following data are available at December 31. Instructions What amount should be reported on Birk Camera Shops...
-
Inventory data for Eggers Company are presented in E6-7. Instructions (a) Calculate the cost of the ending inventory and the cost of goods sold for each cost flow assumption, using a perpetual...
-
Sketch the graphs of the rational function y || = x + 1 x - 3
-
Metal Smiths Co. manufacturers and sells machinery parts. The Company has four main, but differently made, products - screws, bolts, tool chests, and aluminum sheeting. The Company expects to make...
-
When coding an E/M code, what modifier would be acceptable for use?
-
Define motivation and the importance of motivation.
-
Income statement. From the following income statement accounts in the popup window, a. produce the income statement for the year. b. produce the operating cash flow for the year. a. produce the...
-
When you attempt to ping the switch you realize that it is not active. What is the most likely cause of this issue?
-
In Problems 1942, let w = 2, x = 1, y = 2, and z = 4. Find the values of the given capital letters. M = (x + y)
-
Fill in each blank so that the resulting statement is true. A solution to a system of linear equations in two variables is an ordered pair that__________ .
-
True or false? When a substitute for a good is readily available to consumers, but it is difficult for producers to adjust the quantity of the good produced, then the burden of a tax on the good...
-
Identify the similarities and differences between a public corporation and a private corporation.
-
(a) Identify the financial reporting standards a public and a private corporation may use. (b) Why do you think they differ?
-
Explain how the reporting entity concept applies to business organizations.
-
Bank reconciliation The following data were accumulated for use in reconciling the bank account of Creative Design Co. for August 20Y6: 1. Cash balance according to the company's records at August...
-
- Suppose that f(x, y) = 3x + 3y = xy Then the minimum is
-
Direct labor variances Ada Clothes Company produced 14,000 units during April. The Cutting Department used 2,700 direct labor hours at an actual rate of $13.60 per hour. The Sewing Department used...
Study smarter with the SolutionInn App