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Suppose this information is available for PepsiCo, Inc. for 2020, 2021, and 2022. (in millions) 2020 2021 2022 Beginning inventory $1,580 $1,878 $2,068 Ending inventory
Suppose this information is available for PepsiCo, Inc. for 2020, 2021, and 2022.
(in millions) | 2020 | 2021 | 2022 | |||
---|---|---|---|---|---|---|
Beginning inventory | $1,580 | $1,878 | $2,068 | |||
Ending inventory | 1,878 | 2,068 | 2,146 | |||
Cost of goods sold | 15,874 | 16,688 | 16,883 | |||
Sales revenue | 34,735 | 35,466 | 36,316 |
(a)
Calculate the inventory turnover for 2020, 2021, and 2022. (Round answers to 1 decimal place, e.g. 52.7.)
2020 | 2021 | 2022 | ||||
---|---|---|---|---|---|---|
Inventory turnover | $enter inventory turnover in dollars | $enter inventory turnover in dollars | $enter inventory turnover in dollars |
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