Suppose this information is available for PepsiCo, Inc. for 2020, 2021, and 2022.

Suppose this information is available for PepsiCo, Inc. for 2020, 2021, and 2022. (in millions) 2020 2021 2022 Beginning inventory $116,000 $317,500 $410,500 Ending inventory 317,500 410,500 476,500 Cost of goods sold 895,000 1,120,000 1,297,500 Sales reve revenue 1,195,000 1,595,500 1,894,000 Your answer is partially correct. Calculate the inventory turnover for 2020, 2021, and 2022. (Round answers to 1 decimal places, e.g. 15.2.) 2020 2021 2022 Inventory turnover ratio 4.3 times 3.1 times 2.9 eTextbook and Media Your answer is partially correct. Calculate the days in inventory for 2020, 2021, and 2022. (Round answers to 1 decimal places, e.g. 15.2.) 2020 2021 2022 Days in inventory 84.9 days 117.7 days 125.9 * Your answer is incorrect. Calculate the gross profit rate for 2020, 2021, and 2022. (Round answers to 1 decimal places, e.g. 15.2%.) 2020 2021 2022 Gross profit rate 24.53 % 29.46 % 30.97 % e Textbook and Media