what is the gross profit rate for 2020,2021,&2022.

work Chapter 6 Question 3 of 4 2.33/7 View Policies Show Attempt History Current Attempt in Progress Suppose this information is available for PepsiCo, Inc. for 2020 2021, and 2022. (in millions Beginning inventory Ending inventory Cost of goods sold Sales revenue 2020 $1,800 2.300 15.170 39.300 2021 $2,300 2,600 17.885 43,300 2022 $2,600 2.700 17.490 43,180 (a) Your answer is correct Calculate the inventory turnover for 2020 2021, and 2022. (Round inventory turnover to 1 decimal place, eg. 5.1.) 2020 2021 2022 Inventory turnover 75 times 7.4 times 67 time se to search Calculate the days in inventory for 2020, 2021, and 2022. (Round days in inventory to 1 decimal place, eg. 5.1.) 2020 2021 2022 Days in inventory 49.3 days 50.0 days 55.3 days (0) Your answer is incorrect. Calculate the gross profit rate for 2020 2021 and 2022. (Round gross profit rate to 1 decimal place, e.g. 5.1%) 2020 2021 2022 % Gross proftrate % 96 Attempts: 1 of 3 used Submit Answer Save for Later Last saved 3 seconds ago Saved work will be auto-submitted on the due date