Class Assignment

Suppose this information is available for PepsiCo, Inc. for 2015, 2016, and 2017.

(in millions) 2015

2016

2017

Beginning inventory $2,100 $2,200 $2,800
Ending inventory 2,200 2,800 2,600
Cost of goods sold 17,951 20,435 20,445
Sales revenue 38,895 42,974 43,152

Calculate the inventory turnover for PepsiCo, Inc. for 2015, 2016, and 2017. (Round inventory turnover to 1 decimal place, e.g. 5.1.)

2015

2016

2017

Inventory turnover

times

times

times

LINK TO TEXT

Calculate the days in inventory for PepsiCo, Inc. for 2015, 2016, and 2017. (Round days in inventory to 1 decimal place, e.g. 5.1.)

2015

2016

2017

Days in inventory

days

days

days

LINK TO TEXT

Calculate the gross profit rate for PepsiCo, Inc. for 2015, 2016, and 2017. (Round gross profit rate to 1 decimal place, e.g. 5.1%.)

2015

2016

2017

Gross profit rate

%

%

%

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