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Review the most recent annual reports of The Coca-Cola Company and PepsiCo focusing on the balance sheet and footnote inventories. Using the correct formulas and

Review the most recent annual reports of The Coca-Cola Company and PepsiCo focusing on the balance sheet and footnote inventories.

Using the correct formulas and a separate tab for each ratio, calculate the following ratios for each company for the last 2 years using Excel:

  1. Inventory turnover
  2. Average days in inventory

Please provide the sources

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