Suppose this information is available for PepsiCo, Inc. for 2025, 2024, and 2023. Instructions a. Calculate the
Question:
Suppose this information is available for PepsiCo, Inc. for 2025, 2024, and 2023.
Instructionsa. Calculate the inventory turnover for 2023, 2024, and 2025. (Round to one decimal place.)b. Calculate the days in inventory for 2023, 2024, and 2025.c. Calculate the gross profit rate for 2023, 2024, and 2025.d. Comment on any trends observed in your answers to parts (a), (b), and (c).
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d The inventory turnover decreased by approximately 10 from 2023to 2...View the full answer
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Related Book For 
Accounting Tools For Business Decision Making
ISBN: 9781119791058
8th Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Jill E. Mitchell
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