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ES Exercise 6-11 Suppose this information is available for PepsiCo, Inc. for 2015, 2016, and 2017. millions) Beginning inventory Ending inventory Cost of goods sold

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ES Exercise 6-11 Suppose this information is available for PepsiCo, Inc. for 2015, 2016, and 2017. millions) Beginning inventory Ending inventory Cost of goods sold Sales revenue 2015 2016 $1,800 $2,500 $2,600 2,500 2,600 2,400 18,103 20,203 20,016 38,795 43,443 42,807 2017 Calculate the inventory turnover for PepsiCo, Inc. for 2015, 2016, and 2017. (Round inventory turnover to 1 decimal place, e.g. 5.1.) 2015 2016 2017 Inventory turnover times times times

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