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Exercise 6-11 Suppose this information is available for PepsiCo, Inc. for 2015, 2016, and 2017 (in millions) 2015 2016 2017 Beginning inventory $1,900 $2,100 $2,500

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Exercise 6-11 Suppose this information is available for PepsiCo, Inc. for 2015, 2016, and 2017 (in millions) 2015 2016 2017 Beginning inventory $1,900 $2,100 $2,500 Ending inventory 2,500 2,100 2,800 Cost of goods sold 20.456 18,172 19,750 Sales revenue 43,166 42,943 39,474 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 times times times Inventory turnover Calculate the days in inventory for PepsiCo, Inc. for 2015, 2016, and 2017. (Round days in inventory to 1 decimal place, e.g. 5.1.) 2016 2017 2015 Days in inventory days days days decimal place, e.g. 5.1 %.) Calculate the gross profit rate for PepsiCo, Inc. for 2015, 2016, and 2017. (Round gross profit rate to 2015 2016 2017 Gross profit rate Open Show Work Click if you would like to Show Work for this

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