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Calculate the inventory turnover, days sales in inventory, and gross profit margin for each company for 2019 and 2018. (Round days sales in inventory to 0 decimal places, eg. 52 and all other answers to 2 decimal places, e.g. 52.75. Use 365 days for calculation) PepsiCo., Inc Inventory turnover Days sales in inventory Gross profit margin Coca-Cola Company Inventory turnover Days sales in inventory Gross profit margin 2019 2019 times days x times days 2018 2018 times days times days X

Calculate the inventory turnover, days sales in inventory, and gross profit margin for each company for 2019 and 2018. (Round days sales in inventory to 0 decimal places, eg. 52 and all other answers to 2 decimal places, e.g. 52.75. Use 365 days for calculation) PepsiCo., Inc Inventory turnover Days sales in inventory Gross profit margin Coca-Cola Company Inventory turnover Days sales in inventory Gross profit margin 2019 2019 times days x times days 2018 2018 times days times days X

FINANCIAL ACCOUNTING
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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Calculate the inventory turnover, days sales in inventory, and gross profit margin for each company for 2019 and 2018. (Round days sales in inventory to 0 decimal places, eg. 52 and all other answers to 2 decimal places, e.g. 52.75. Use 365 days for calculation) PepsiCo., Inc Inventory turnover Days sales in inventory Gross profit margin Coca-Cola Company Inventory turnover Days sales in inventory Gross profit margin 2019 2019 times days x times days 2018 2018 times days times days X
Transcribed Image Text:Calculate the inventory turnover, days sales in inventory, and gross profit margin for each company for 2019 and 2018. (Round days sales in inventory to 0 decimal places, eg. 52 and all other answers to 2 decimal places, e.g. 52.75. Use 365 days for calculation) PepsiCo., Inc Inventory turnover Days sales in inventory Gross profit margin Coca-Cola Company Inventory turnover Days sales in inventory Gross profit margin 2019 2019 times days x times days 2018 2018 times days times days X
The following financial information (in US$ millions) is for two major corporations for the three years ended December 31: PepsiCo., Inc. Net sales Cost of sales Profit for the year Inventory Coca-Cola Company Net sales Cost of sales Profit for the year Inventory 2019 $67,161 30,132 7,314 3,338 $37,266 14,619 8,920 3,379 2018 $64,661 29,381 12,515 3,128 $34,300 13,067 6,434 3,071 2017 $63,525 28,796 4,857 2,947 $36,2121 13,721 1,248 2,655
Transcribed Image Text:The following financial information (in US$ millions) is for two major corporations for the three years ended December 31: PepsiCo., Inc. Net sales Cost of sales Profit for the year Inventory Coca-Cola Company Net sales Cost of sales Profit for the year Inventory 2019 $67,161 30,132 7,314 3,338 $37,266 14,619 8,920 3,379 2018 $64,661 29,381 12,515 3,128 $34,300 13,067 6,434 3,071 2017 $63,525 28,796 4,857 2,947 $36,2121 13,721 1,248 2,655
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