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Suppose this information is available forPepsiCo, Inc.for 2020, 2021, and 2022.(in millions)202020212022Beginning inventory$1,800$2,200$2,500Ending inventory2,2002,5002,600Cost of goods sold15,00017,39017,085Sales revenue40,00044,70044,610 (c) Calculate the grass proft rate for

Suppose this information is available forPepsiCo, Inc.for 2020, 2021, and 2022.(in millions)202020212022Beginning inventory$1,800$2,200$2,500Ending inventory2,2002,5002,600Cost of goods sold15,00017,39017,085Sales revenue40,00044,70044,610
(c) Calculate the grass proft rate for 2020, 2021, and 2022, [Round gross profit rate to 1 decimal place, eg. 5.1X) 2020 2021 2022 Gress urgit rate eTextbook and Media Save rar Late" Attempts: D of 5 used Submit Ariswer

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