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 Inventory turnover $1,700 2,200 2021 $2,200 $2,500 2022 2,500 2020 2,600 15,015 17,860 17,595 38,600 45,100 45,000 Calculate the inventory turnover for 2020, 2021, and 2022. (Round inventory turnover to 1 decimal place, e.g. 5.1.) times. 2021 times 2022 times
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 Inventory turnover $1,700 2,200 2021 $2,200 $2,500 2022 2,500 2020 2,600 15,015 17,860 17,595 38,600 45,100 45,000 Calculate the inventory turnover for 2020, 2021, and 2022. (Round inventory turnover to 1 decimal place, e.g. 5.1.) times. 2021 times 2022 times
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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