Suppose this information is available for PepsiCo, Inc. for 2020, 2021, and 2022. (in millions) 2020 2021 2022 Beginning inventory $2,100 $2,400 $2,500 Ending inventory 2,400 2,500 2,700 Cost of goods sold 19,350 20,825 20,280 Sales revenue 41,000 42,500 42,430 Calculate the days in inventory for 2020, 2021, and 2022. (Round days in inventory to 1 decimal place, e.g. 5.1.) 2020 2021 2022 Days in inventory enter a number of daysenter a number of days days enter a number of daysenter a number of days days enter a number of daysenter a number of days d
Suppose this information is available for PepsiCo, Inc. for 2020, 2021, and 2022. (in millions) 2020 2021 2022 Beginning inventory $2,100 $2,400 $2,500 Ending inventory 2,400 2,500 2,700 Cost of goods sold 19,350 20,825 20,280 Sales revenue 41,000 42,500 42,430 Calculate the days in inventory for 2020, 2021, and 2022. (Round days in inventory to 1 decimal place, e.g. 5.1.) 2020 2021 2022 Days in inventory enter a number of daysenter a number of days days enter a number of daysenter a number of days days enter a number of daysenter a number of days d
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Suppose this information is available for PepsiCo, Inc. for 2020, 2021, and 2022.
|
(in millions)
|
2020
|
2021
|
2022
|
|||
|---|---|---|---|---|---|---|
|
Beginning inventory
|
$2,100 | $2,400 | $2,500 | |||
|
Ending inventory
|
2,400 | 2,500 | 2,700 | |||
|
Cost of goods sold
|
19,350 | 20,825 | 20,280 | |||
|
Sales revenue
|
41,000 | 42,500 | 42,430 |
Calculate the days in inventory for 2020, 2021, and 2022. (Round days in inventory to 1 decimal place, e.g. 5.1.)
|
2020
|
2021
|
2022
|
|||||||
|---|---|---|---|---|---|---|---|---|---|
|
Days in inventory
|
enter a number of daysenter a number of days | days | enter a number of daysenter a number of days | days | enter a number of daysenter a number of days | days |
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