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* 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

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 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: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.)
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
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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