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Suppose this information is available for PepsiCo, Inc. for 2020, 2021, and 2022. (in millions) 2020 2021 2022 Beginning inventory $2,000 $2,200 $2,400 Ending
Suppose this information is available for PepsiCo, Inc. for 2020, 2021, and 2022. (in millions) 2020 2021 2022 Beginning inventory $2,000 $2,200 $2,400 Ending inventory 2,200 2,400 2,500 Cost of goods sold 18,690 20,240 19.845 Sales revenue 40,900 43,900 43,620 (a) * Your answer is incorrect. Calculate the inventory turnover for 2020, 2021, and 2022. (Round inventory turnover to 1 deci Inventory turnover eTextbook and Media 2020 2.2 times 2021 2.2 times
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