Business, 27.10.2021 01:00 ryandelanomartinez

Suppose this information is available for PepsiCo, Inc. for 2020, 2021, and 2022. (in millions) 2020 2021 2022
Beginning inventory $1,900 $2,200 $2,500
Ending inventory 2,200 2,500 2,600
Cost of goods sold 16,195 18,330 18,105
Sales revenue 40,900 44,600 44,590

Required:
a. Calculate the inventory turnover for 2020, 2021, and 2022.
b. Calculate the days in inventory for 2020, 2021, and 2022.
c. Calculate the gross profit rate for 2020, 2021, and 2022.

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Suppose this information is available for PepsiCo, Inc. for 2020, 2021, and 2022. (in millions) 20...

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