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The following financial information (in US$ millions) is for two major corporations for the three years ended December 31: 2016 2015 2014 PepsiCo Inc. Sales
The following financial information (in US$ millions) is for two major corporations for the three years ended December 31: 2016 2015 2014 PepsiCo Inc. Sales Cost of sales Profit Inventory $62,799 28,209 6,379 2,723 $63,056 28,731 5,501 2,720 $66,683 30,884 6,558 3,143 Coca-Cola Company Sales Cost of sales Profit Inventory $41,863 16,465 6,550 2,675 $44.294 17,482 7.366 2.902 $45.998 17,889 7,124 3,100 (a) Calculate the inventory turnover, days sales in inventory, and gross profit margin for each company for 2016 and 2015. (Round days sales in inventory to decimal places, eg. 52 and other answers to 2 decimal places, eg. 52.75. Use 365 days for calculation.) 2016 2015 PepsiCo. Inc Inventory turnover times times Days sales in inventory days days Gross profit margin % % 2016 2015 Coca-Cola Company Inventory turnover times times Days sales in inventory days days Gross profit margin % %
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