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Suppose this information is available for PepsiCo, Inc. for 2020, 2021, and 2022. 2020 2021 2022 $1,900 $2,100 $2,400 (in millions) Beginning inventory Ending inventory
Suppose this information is available for PepsiCo, Inc. for 2020, 2021, and 2022. 2020 2021 2022 $1,900 $2,100 $2,400 (in millions) Beginning inventory Ending inventory Cost of goods sold 2.100 2,400 2,500 15,600 17,325 17.150 Sales revenue 40,000 43,100 42,980 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 7.8 times 7.7 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 46.76 days 47.40 days 52.1 days 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 % % %6
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