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Suppose this information is available for PepsiCo, Inc. for 2 0 2 0 , 2 0 2 1 , and 2 0 2 2 .

Suppose this information is available for PepsiCo, Inc. for

2020, 2021,

and

2022 . (

in millions

)

Beginning inventoryEnding inventoryCost of goods soldSales revenue

2020

110, 000313, 500909, 0001, 201, 0002021

313, 500410, 5001, 120, 0001, 596, 0002022

410, 500490, 0001, 299, 5001, 895, 000

Calculate the inventory turnover for

2020, 2021,

and

2022 .

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