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 Intro Concepts Meth/Uses

14th Edition

ISBN:9781285595047

Author:Weil

Publisher:Weil

Chapter3: The Basics Of Record Keeping And Financial Statement Preparation: Income Statement

Section: Chapter Questions

Problem 18E

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Juroe Company provided the following income statement for last year: Juroes balance sheet as of December 31 last year showed total liabilities of 10,250,000, total equity of 6,150,000, and total assets of 16,400,000. Refer to the information for Juroe Company on the previous page. Also, assume that Juroes total assets at the beginning of last year equaled 17,350,000 and that the tax rate applicable to Juroe is 40%. Required: Note: Round answers to two decimal places. 1. Calculate the average total assets. 2. Calculate the return on assets.
Selected income statement data follow for Harper, Inc., for the year ended December 31 (in thousands). What is the company's times interest earned ratio? Income before provision for income taxes $1,025959 Interest expense $29,670 Statutory tax rate 37% Provision for income taxes $322,410 Net income $693,548
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