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Suppose this information is available for PepsiCo, Inc. for 2012, 2013, and 2014. (in millions) 2012 2013 2014 Beginning inventory $1,806 $2,161 $2,389 Ending inventory

Suppose this information is available for PepsiCo, Inc. for 2012, 2013, and 2014.

(in millions)

2012

2013

2014

Beginning inventory

$1,806

$2,161

$2,389

Ending inventory

2,161

2,389

2,472

Cost of goods sold

17,900

20,008

19,633

Sales revenue

39,323

42,389

42,303

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Calculate the inventory turnover for PepsiCo., Inc. for 2012, 2013, and 2014. (Round inventory turnover to 1 decimal place, e.g. 5.1.)

2012

2013

2014

Inventory turnover

times

times

times

Warning

Calculate the days in inventory for PepsiCo., Inc. for 2012, 2013, and 2014. (Round days in inventory to 1 decimal place, e.g. 5.1.)

2012

2013

2014

Days in inventory

days

days

days

Warning

Ok

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Calculate the gross profit rate for PepsiCo., Inc. for 2012, 2013, and 2014. (Round gross profit rate to 1 decimal place, e.g. 5.1%.)

2012

2013

2014

Gross profit rate

%

%

%

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