PepsiCo's financial statements are presented in Appendix B. Financial statements of The Coca-Cola Company are presented in
Question:
PepsiCo's financial statements are presented in Appendix B. Financial statements of The Coca-Cola Company are presented in Appendix C. The complete annual reports of PepsiCo and Coca-Cola, including the notes to the financial statements, are available at each company's respective website.
Instructions
a. Based on the information contained in these financial statements, compute the following 2019 ratios for each company.
1. Inventory turnover.
2. Days in inventory.
b. What conclusions concerning the management of the inventory can you draw from these data?
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a 1 Inventory turnover MCSMC 932135 659 2 Days in invent...View the full answer
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Related Book For 
Accounting Principles
ISBN: 9781119707110
14th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Jill E. Mitchell
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