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Suppose this information is available for PepsiCo, Inc. for 2015, 2016, and 2017. (in millions) 2015 2016 2017 Beginning inventory $1,926 $2,290 $2,522 Ending inventory
Suppose this information is available for PepsiCo, Inc. for 2015, 2016, and 2017.
(in millions) | 2015 | 2016 | 2017 | |||
Beginning inventory | $1,926 | $2,290 | $2,522 | |||
Ending inventory | 2,290 | 2,522 | 2,618 | |||
Cost of goods sold | 18,038 | 20,351 | 20,099 | |||
Sales revenue | 39,474 | 43,251 | 43,232 |
Calculate the inventory turnover for PepsiCo, Inc. for 2015, 2016, and 2017. (Round inventory turnover to 1 decimal place, e.g. 5.1.)
2015 | 2016 | 2017 | |||||||
Inventory turnover | times | times | times |
Calculate the days in inventory for PepsiCo, Inc. for 2015, 2016, and 2017. (Round days in inventory to 1 decimal place, e.g. 5.1.)
2015 | 2016 | 2017 | |||||||
Days in inventory | days | days | days |
Calculate the gross profit rate for PepsiCo, Inc. for 2015, 2016, and 2017. (Round gross profit rate to 1 decimal place, e.g. 5.1%.)
2015 | 2016 | 2017 | ||||
Gross profit rate | % | % | % |
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