Suppose this information is available for PepsiCo, Inc. for 2023, 2024, and 2025. (in millions) 2023 2024 2025 Beginning inventory $1,926 $2,290 $2,522 Ending inventory 2,290 2,522 2.618 Cost of goods sold 18,038 20,351 20,099 Sales revenue (a) 39,474 43.251 43,232 Your answer is correct. Calculate the inventory turnover for 2023, 2024, and 2025. (Round inventory turnover to 1 decimal place, e.g. 5.1.) (b) Inventory turnover Your answer is incorrect. 2023 8.6 times 2024 8.5 times Calculate the days in inventory for 2023, 2024, and 2025. (Round days in inventory to 1 decimal place, e.g. 5.1.) Days in inventory 2023 days 2024 days 2025 7.8 Attempts: 1 of 5 used 2025 days

Suppose this information is available for PepsiCo, Inc. for 2023, 2024, and 2025. (in millions) 2023 2024 2025 Beginning inventory $1,926 $2,290 $2,522 Ending inventory 2,290 2,522 2.618 Cost of goods sold 18,038 20,351 20,099 Sales revenue (a) 39,474 43.251 43,232 Your answer is correct. Calculate the inventory turnover for 2023, 2024, and 2025. (Round inventory turnover to 1 decimal place, e.g. 5.1.) (b) Inventory turnover Your answer is incorrect. 2023 8.6 times 2024 8.5 times Calculate the days in inventory for 2023, 2024, and 2025. (Round days in inventory to 1 decimal place, e.g. 5.1.) Days in inventory 2023 days 2024 days 2025 7.8 Attempts: 1 of 5 used 2025 days

Name: Suppose this information is available for PepsiCo, Inc. for 2023, 202
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Description: Suppose this information is available for PepsiCo, Inc. for 2023, 2024, and 2025.(in millions)202320242025Beginning inventory $1,926$2,290 $2,522Ending inventory2,2902,5222,618Cost of goods sold 18,03820,351 20,099Sales revenue39,47443,25143,232(a)Y

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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