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(c) (b) Suppose this information is available for PepsiCo, Inc. for 2023, 2024, and 2025. (in millions) Beginning inventory Ending inventory Cost of goods sold
(c) (b) Suppose this information is available for PepsiCo, Inc. for 2023, 2024, and 2025. (in millions) Beginning inventory Ending inventory Cost of goods sold Sales revenue (a) Inventory turnover 2023 eTextbook and Media $1.700 Days in inventory 2.200 Your answer is correct 14,235 40,100 Gross profit rate 2024 $2,200 2023 2,500 16,920 Calculate the inventory turnover for 2023, 2024, and 2025 (Round inventory turnover to 1 decimal place, e.g. 5.1.) Your Answer Correct Answer (Used) 2023 2023 2025 $2,500 45,000 44,920 16.575 7.3 2,600 50.0 days % Calculate the days in inventory for 2023, 2024, and 2025. (Round days in inventory to 1 decimal place, eg. 5.1) times 2024 2024 Calculate the gross profit rate for 2023, 2024, and 2025. (Round gross profit rate to 1 decimal place, eg. 5.1%) 2024 50.7 days times % Attempts: 2 of 5 used 2025 2025 2025 56.2 6.5 96 days
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