PepsiCo's financial statements are presented in Appendix A. Coca-Cola's financial statements are presented in Appendix B. Instructions
Question:
PepsiCo's financial statements are presented in Appendix A. Coca-Cola's financial statements are presented in Appendix B.
Instructions
(a) Based on the information contained in these financial statements, compute the following 2005 ratios for each company.
(1) Inventory turnover ratio
(2) Days in inventory
(b) What conclusions concerning the management of the inventory can you draw from these data?
Data from Appendix A
Data from Appendix B
Step by Step Answer:
Related Book For
Accounting Principles
ISBN: 9780471980193
8th Edition
Authors: Jerry J Weygandt, Donald E Kieso, Paul D Kimmel
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