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Suppose this information is available for PepsiCo, Inc. for 2020, 2021, and 2022. (in millions) Beginning inventory Ending inventory Cost of goods sold Sales revenue
Suppose this information is available for PepsiCo, Inc. for 2020, 2021, and 2022. (in millions) Beginning inventory Ending inventory Cost of goods sold Sales revenue (a) 2020 Inventory turnover $1,736 $2,062 2,062 16,235 2021 2,268 $ 35,524 38,926 2022 $2,268 18,316 18,089 2020 2,354 Calculate the inventory turnover for 2020, 2021, and 2022. (Round answers to 1 decimal place, e.g. 52.7.) 38,911 2021 $ 2022
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