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Argosy University/ Phoniex University/
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Category > Accounting Posted 18 Aug 2017 My Price 5.00

PepsiCo, Inc.

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	$1,771	$2,132	$2,372
Ending inventory	2,132	2,372	2,456
Cost of goods sold	18,227	20,658	20,366
Sales revenue	40,033	43,859	43,808

Calculate the inventory turnover for PepsiCo., Inc. for 2012, 2013, and 2014.(Round inventory turnover to 1 decimal place, e.g. 5.1.)

		2012			2013			2014
Inventory turnover			times			times			times

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Status NEW Posted 18 Aug 2017 03:08 PM My Price 5.00

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