Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

need help with part b Current Attempt in Progress Suppose this information is available for PepsiCo, Inc. for 2020, 2021, and 2022. (in millions) Beginning

need help with part b image text in transcribed
image text in transcribed
Current Attempt in Progress Suppose this information is available for PepsiCo, Inc. for 2020, 2021, and 2022. (in millions) Beginning inventory Ending inventory Cost of goods sold Sales revenue 2020 $1,900 2.200 18,040 41.000 2021 $2,200 2.400 20,010 42.300 2022 $2,400 2.500 19.600 42.240 (a) Your answer is correct. Calculate the inventory turnover for 2020 2021 and 2022. (Round inventory turnover to 1 decimal place, 28. 5.1) 2020 2021 2022 Inventory turnover 8.8 times times time e Textbook and Media Attempts: 1 of 5 used 2020 2021 2022 Inventory turnover 8.8 times 8.7 times 8.0 tim e Textbook and Media Attempts: 1 of 5 used (b) Calculate the days in inventory for 2020, 2021. and 2022. (Round days in inventory to 1 decimal place, eg. 5.1.) 2020 2021 2022 Days in inventory days days days e Textbook and Media sre for late Attempts: 0 of 5 used Submit Answer (c) The parts of this question must be completed in order this part will be available when you complete the part above

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting For Construction Frameworks Productivity Cost And Performance

Authors: Rick Best, Jim Meikle

1st Edition

1138293970, 978-1138293977

More Books

Students also viewed these Accounting questions