* Your answer is incorrect. Calculate the inventory turnover for 2023, 2024, and 2025. (Round inventory turnover to 1 decimal place, e.g. 5.1.) Inventory turnover eTextbook and Media Save for Later 2023 17.5 times 2024 19.0 times Attempts: 2 of 3 used 2025 20.0 Submit Answer
* Your answer is incorrect. Calculate the inventory turnover for 2023, 2024, and 2025. (Round inventory turnover to 1 decimal place, e.g. 5.1.) Inventory turnover eTextbook and Media Save for Later 2023 17.5 times 2024 19.0 times Attempts: 2 of 3 used 2025 20.0 Submit Answer
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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
Transcribed Image Text:Suppose this information is available for PepsiCo, Inc. for 2025, 2024, and 2023.
(in millions)
Beginning inventory
Ending inventory
Cost of goods sold
Sales revenue
(a)
2025
2024
* Your answer is incorrect.
2023
$2,500
$2,200
$1,800
2,600
2,500
2,200
17,085 17,390 15,000
44,610
44,700 40,000
Calculate the inventory turnover for 2023, 2024, and 2025. (Round inventory turnover to 1 decimal place, e.g. 5.1.)

Transcribed Image Text:Sales revenue
(a)
* Your answer is incorrect.
44,610 44,700 40,000
Calculate the inventory turnover for 2023, 2024, and 2025. (Round inventory turnover to 1 decimal place, e.g. 5.1.)
Inventory turnover
eTextbook and Media
Save for Later
2023
17.5 times
2024
19.0
times
Attempts: 2 of 3 used
2025
20.0
Submit Answer
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