Suppose this information is available for PepsiCo, Inc. for 2023, 2024, and 2025. (in millions) 2023...
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Suppose this information is available for PepsiCo, Inc. for 2023, 2024, and 2025. (in millions) 2023 2024 2025 Beginning inventory $1,926 $2,290 $2,522 Ending inventory 2,290 2,522 2,618 Cost of goods sold 18,038 20,351 20,099 Sales revenue 39,474 43,251 43,232 (a) Calculate the inventory turnover for 2023, 2024, and 2025. (Round inventory turnover to 1 decimal place, e.g. 5.1.) Inventory turnover 2023 times 2024 times 2025 Suppose this information is available for PepsiCo, Inc. for 2023, 2024, and 2025. (in millions) 2023 2024 2025 Beginning inventory $1,926 $2,290 $2,522 Ending inventory 2,290 2,522 2,618 Cost of goods sold 18,038 20,351 20,099 Sales revenue 39,474 43,251 43,232 (a) Calculate the inventory turnover for 2023, 2024, and 2025. (Round inventory turnover to 1 decimal place, e.g. 5.1.) Inventory turnover 2023 times 2024 times 2025
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Inventory turnover can be computed by using the formula Beginning Inventory Closing Inv... View the full answer
Related Book For
Accounting Tools For Business Decision Making
ISBN: 9781119791058
8th Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Jill E. Mitchell
Posted Date:
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