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Suppose this information is available for PepsiCo, Inc. for 2020, 2021, and 2022. (in millions) 2020 2021 2022 Beginning inventory $ 1,800 $ 2,300 $
Suppose this information is available for PepsiCo, Inc. for 2020, 2021, and 2022. (in millions) 2020 2021 2022 Beginning inventory $ 1,800 $ 2,300 $ 2,600 Ending inventory 2,300 2,600 2,700 Cost of goods sold 15,170 17,885 17.490 Sales revenue 39,300 43,300 43,180 Calculate the inventory turnover for 2020 2021, and 2022. (Round inventory turnover to 1 decimal place, eg 5.1) 2020 2021 2022 Inventory turnover 8.2 times 8.1 times 74 time cTextbook and Media Assistance Used Textbook Save for Later Attempts: 4 of 5 used Submit Answer 07189
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