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Suppose this information is available for PepsiCo, Inc. for 2025, 2024, and 2023, (in millions) 2025 2024 2023 Beginning inventory $2,700 $2,400 $2,000 Ending inventory
Suppose this information is available for PepsiCo, Inc. for 2025, 2024, and 2023, (in millions) 2025 2024 2023 Beginning inventory $2,700 $2,400 $2,000 Ending inventory 2,800 2,700 2,400 Cost of goods sold 23,375 23,460 20,460 Sales revenue 44,020 44,100 38,900 (a) Your answer is correct. Calculate the inventory turnover for 2023, 2024, and 2025. (Round inventory turnover to 1 decimal place, eg. 5.1.) 2023 2024 2025 Calculate the inventory turnover for 2023, 2024, and 2025. (Round inventory turnover to 1 decimal place, e.g. 5.1.) Inventory turnover eTextbook and Media 2023 9.3 times 2024 9.2 times (b) Calculate the days in inventory for 2023, 2024, and 2025. (Round days in inventory to 1 decimal place, e.g. 5.1.) Days in inventory 2023 days 2024 days 2025 8.5 Attempts: 1 of 3 used 2025 days
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