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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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