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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 (a)     Calculate the inventory turnover for 2020, 2021, and 2022. (Round inventory turnover to 1 decimal place, e.g. 5.1.)     2020 2021 2022 Inventory turnover enter an inventory turnoverenter an inventory turnover timesenter an inventory turnoverenter an inventory turnover timesenter an inventory turnoverenter an inventory turnover times

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 (a)     Calculate the inventory turnover for 2020, 2021, and 2022. (Round inventory turnover to 1 decimal place, e.g. 5.1.)     2020 2021 2022 Inventory turnover enter an inventory turnoverenter an inventory turnover timesenter an inventory turnoverenter an inventory turnover timesenter an inventory turnoverenter an inventory turnover times

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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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

(a)

 
 
Calculate the inventory turnover for 2020, 2021, and 2022. (Round inventory turnover to 1 decimal place, e.g. 5.1.)
 
 
2020
2021
2022
Inventory turnover
enter an inventory turnoverenter an inventory turnover timesenter an inventory turnoverenter an inventory turnover timesenter an inventory turnoverenter an inventory turnover times
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