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Suppose this information is available for PepsiCo, Inc. for 2023, 2024, and 2025. (in millions) Beginning inventory Ending inventory Cost of goods sold Sales revenue
Suppose this information is available for PepsiCo, Inc. for 2023, 2024, and 2025. (in millions) Beginning inventory Ending inventory Cost of goods sold Sales revenue (a) 2023 Inventory turnover $1,800 2,200 2024 $2,200 $21500 2,500 2025 2,600 15,000 17,390 17,085 40,000 44,700 2023 Calculate the inventory turnover for 2023, 2024, and 2025. (Round inventory turnover to 1 decimal place, e.g. 5.1.) 44,610 times 2024 times 2025
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