Problem 6-10A The following financial information (in US$ millions) is for two major corporations for the three years ended December 31: 2014 2013 2012 PepsiCo Inc. Net sales Cost of sales $66,683 30,884 6,558 3,143 $66,415 31,243 6,787 3,409 $65,492 31,291 6,214 3,581 Profit Inventory Coca-Cola Company Net sales Cost of sales $45,998 17,889 7,124 3,100 $46,854 18,421 8,626 $48,017 19,053 9,086 Profit Inventory 3,277 3,264 (a) Calculate the inventory turnover, days sales in inventory, and gross profit margin for each company for 2014 and 2013. (Round days sales in inventory to 0 decimal places, e.g. 52 and other answers to 2 decimal places, e.g. 52.75. Use 365 days for calculation.) PepsiCo. Inc 2014 2013 Inventory turnover times times Days sales in inventory days days Gross profit margin % % Coca-Cola Company 2014 2013 Inventory turnover times times Days sales in inventory days days Gross profit margin % %