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Suppose this information is available for PepsiCo, Inc. for 2020, 2021, and 2022. 2020 2021 2022 (in millions) Beginning inventory Ending inventory Cost of goods

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Suppose this information is available for PepsiCo, Inc. for 2020, 2021, and 2022. 2020 2021 2022 (in millions) Beginning inventory Ending inventory Cost of goods sold Sales revenue $1,700 2,200 14,235 40,100 $2,200 2,500 16,920 45,000 $2,500 2,600 16,575 44,920 Calculate the inventory turnover for 2020, 2021, and 2022. (Round inventory turnover to 1 decimal place, e.g. 5.1.) 2020 2021 2022 Inventory turnover times times times Calculate the days in inventory for 2020, 2021, and 2022. (Round days in inventory to 1 decimal place, e.g. 5.1.) 2020 2021 2022 Days in inventory days days days e Textbook and Media Assistance Used Calculate the gross profit rate for 2020, 2021, and 2022. (Round gross profit rate to 1 decimal place, e.g. 5.1%.) 2020 2021 2022 Gross profit rate % % % e Textbook and Media

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