PepsiCos financial statements are presented in Appendix A. Financial statements of The Coca-Cola Company are presented in

Question:

PepsiCo’s are presented in Appendix A. of The Coca-Cola Company are presented in Appendix B.
Instructions
(a) Based on the information contained in these compute the following 2007 ratios for each company.
(1)
(2) Days in inventory
(b) What conclusions concerning the management of the inventory can you draw from these data?

Inventory Turnover Ratio
Inventory Turnover RatioThe inventory turnover ratio is a ratio of cost of goods sold to its average inventory. It is measured in times with respect to the cost of goods sold in a year normally. Inventory Turnover Ratio FormulaWhere,... Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...