Suppose this information is available for PepsiCo, Inc. for 2020 2021 and 2022 (in million) 2020 2021 2022 Beginning inventory $113.500 $314,000 $420,000 Ending inventory 314,000 420.000 468500 Cost of goods sold 905,500 1129.500 1.295.500 Sales revenue 1204,000 1592.500 1892.000 (a) Youcanwer is correct Calculate the inventory turnover for 2020, 2021, and 2022 Round answers to 1 decimal places 15.2) (b) Inventory turnover ratio eTextbook and Media eTextbook Your answer is correct 2020 42 times 31 Calculate the days in inventory for 2020, 2021, and 2022 Round answers to 1 decimal place 15.23 (c) Days in inventory eTextbook and Media 2020 86.9 days 2021 1217 days X Your answer is incorrect Calculate the gross proft rate for 2020 2021, and 2022 Round answers to 1 decimal places, eg 15.2) Gross profit rate 2020 2021 30.5 2022 29 times Assistance Used Attempts 1 of 3 used 2022 1259 days Attempts 1 of 3 used 2022 317 Suppose this information is available for PepsiCo, Inc. for 2020, 2021, and 2022. (in millions) 2020 2021 2022 Beginning inventory $113,500 $314,000 $420,000 Ending inventory 314,000 420,000 488,500 Cost of goods sold 905,500 1,129,500 1,295,500 Sales revenue 1,204,000 1,592,500 1,892,000 (a) Your answer is correct. Calculate the inventory turnover for 2020, 2021, and 2022. (Round answers to 1 decimal places, e.g. 15.2.) Inventory turnover ratio: eTextbook and Media 2020 4.2 times 2021 3.1 times 2022 29 times Assistance Used Attempts: 1 of 3 used Your answer is correct. Calculate the days in inventory for 2020, 2021, and 2022. (Round answers to 1 decimal places, e.g. 15.2.) Days in inventory (c) eTextbook and Media 2020 86.9 days 2021 121.7 days * Your answer is incorrect. Calculate the gross profit rate for 2020, 2021, and 2022. (Round answers to 1 decimal places, e.g. 15.2%) Gross profit rate 2020 2021 25 % 30.5 % 2022 125.9 days Attempts: 1 of 3 used 2022 31.7 %