B1 (b)Calculate the days in inventory for 2020, 2021, and 2022. (Round answers to 1 decimal places, e.g. 15.2.)Days ininventory2020days2021days2022days Suppose this information is available for PepsiCo, Inc. for 2020, 2021, and 2022.(in millions)Beginning inventoryEnding inventoryCost of goods soldSales revenue(a)2020$116,000Inventoryturnoverratio317,500$410,500476,500895,000 1,120,000 1,297,500Your answer is correct.2021$317,5001,195,000 1,595,5002020410,500Calculate the inventory turnover for 2020, 2021, and 2022. (Round answers to 1 decimal places, eg. 15.2.)20224.1times1,894,00020213.1times202229times

Name: B1 (b)Calculate the days in inventory for 2020, 2021, and 2022. (Round
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Description: B1 (b)Calculate the days in inventory for 2020, 2021, and 2022. (Round answers to 1 decimal places, e.g. 15.2.)Days ininventory2020days2021days2022days Suppose this information is available for PepsiCo, Inc. for 2020, 2021, and 2022.(in millions)Begi

The ratio analysis helps to analyse the financial statements of the business on the basis of various…

Answered: (b) Calculate the days in inventory for…

Business

Accounting

(b) Calculate the days in inventory for 2020, 2021, and 2022. (Round answers to 1 decimal places, e.g. 15.2.) Days in inventory 2020 days 2021 days 2022 days

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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