question exercise 6 10 part level submission suppose this information is available f 4279931
Question
Exercise 6-10 (Part Level Submission)
Suppose this information is available for PepsiCo,Inc. for 2012, 2013, and 2014.
|
(in millions) |
|
2012 |
|
2013 |
|
2014 |
|
Beginning inventory |
|
$1,815 |
|
$2,168 |
|
$2,391 |
|
Ending inventory |
|
2,168 |
|
2,391 |
|
2,479 |
|
Cost of goods sold |
|
17,922 |
|
20,353 |
|
20,062 |
|
Sales revenue |
|
39,243 |
|
43,213 |
|
43,171 |
|
|
|
|
|
|
|
|
Calculate the inventory turnover for PepsiCo., Inc. for 2012,2013, and 2014. (Round inventory turnover to 1 decimalplace, e.g. 5.1.)