Exercise 6-11

Suppose this information is available for PepsiCo, Inc. for 2015, 2016, and 2017.

Exercise 6-11 Suppose this information is available for PepsiCo, Inc. for 2015, 2016, and 2017 (in millions) Beginning inventory Ending inventory Cost of goods sold Sales revenue 2015 2016 2017 $1,800 $2,200 $2,500 2,500 20,520 38,749 42,549 43,983 2,200 17,976 2,700 20,151 x Your answer is incorrect. 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 4.4 times 4.3 times 3.8 times LINK TO TEXT XYour answer is incorrect. 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.) 2015 2016 2017 Days in inventory days days days LINK TO TEXT x Your answer is incorrect. Calculate the gross profit rate for PepsiCo, Inc. for 2015, 2016, and 2017, (Round gross profit rate to 1 decimal place, eg. 5.1%) 2015 2016 2017 Gross profit rate LINK TO TEXT SCORE Maximum Point Potential 3.0 Points Earned 0