Suppose this information is available for PepsiCo, Inc. for 2012, 2013, and 2014. Instructions Calculate the inventory

Question:

Suppose this information is available for PepsiCo, Inc. for 2012, 2013, and 2014.

Instructions
Calculate the inventory turnover, days in inventory, and gross profit rate for PepsiCo. Inc. for 2012, 2013, and 2014. Comment on anytrends.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Accounting Tools for Business Decision Making

ISBN: 978-1118128169

5th edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

See More Books

Question Posted: Apr 07, 2014 11:31 AM

See More Questions

Suppose this information is available for the Automotive Sector of NoGo Motor Company for 2014. NoGo uses the LIFO inventory method. (in millions) Beginning inventory...............$ 10,017 Ending...
Find the matrix of the linear transformation T with respect to the bases given: a) T: M (R) P2 (R), defined via T (a b) = a + (b + c)x+ dx, with respect to the basis CD (CDG) of M (R) and the basis...
This financial information is available for Klinger Corporation. The weighted-average number of shares of common stock outstanding was 180,000 for 2013 and 150,000 for 2014. Instructions Calculate...
Look at the expansion joint in the photo of Figure 15.13. Would you say the photo was taken on a warm day or a cold day? Why?
Prove that if A is diagonalizable, so is AT.
In the figure, what is the value of x + y?
Name activities in software development covered by various methodologies. Can you explain why more than one methodology is needed in developing a piece of software?
Two items are omitted from each of the following three lists of cost of goods manufactured statement data. Determine the amounts of the missing items, identifying them byletter. 2,000 12,000 Work in...
J. Clancy owns Clancy Consulting. On December 31 of the prior year, the Retained Earnings account balance was $27,000. During the current year, the company paid $13,800 in cash dividends. Clancy...
Please solve this problem using C language Hacker Industries has a number of employees. The company assigns each employee a numeric evaluation score and stores these scores in a list. A manager is...
Birk Camera Shop Inc. uses the lower-of-cost-or-market basis for its inventory. The following data are available at December 31. Instructions What amount should be reported on Birk Camera Shops...
Inventory data for Eggers Company are presented in E6-7. Instructions (a) Calculate the cost of the ending inventory and the cost of goods sold for each cost flow assumption, using a perpetual...
Refer to the information in RE13-11. Assume that on February 1, 2020, Wolfpack sold its investment in Cornett stock for $10,000. Prepare the journal entries of Wolfpack to record the sale. RE13-11 On...
Calculate the gravitational field strength on the surface of mars. Mars has a radius of 3.43x10^6m and a mass of 6.37x10^23kg. (8pts)
Explain the main provisions of collective employment law Hints and Tips: Start with an explanation of two pieces of relevant legislation related to official and un-official action e.g., Trade Union...
John experienced a loss after investing in the S corporation of which he was an employee. In what way do the at-risk rules affect a taxpayer? a) The at-risk rules limit the amount of losses a...
How can leaders adeptly foster resilience and alleviate burnout among team constituents, thereby guaranteeing enduring levels of productivity and well-being?
Ed and Bonnie are married and have filed joint federal income tax returns for several years. Unfortunately, in 2020 Bonnie left Ed and Ed has not heard from her since her departure. In the meantime,...
Write a simplified expression for the Boolean function defined by each of the following Kmaps a) b) X yz 0 00 1 0 01 X 11 0 1 10 1 1 Description
Fill in each blank so that the resulting statement is true. A solution to a system of linear equations in two variables is an ordered pair that__________ .
True or false? When a substitute for a good is readily available to consumers, but it is difficult for producers to adjust the quantity of the good produced, then the burden of a tax on the good...
Identify the similarities and differences between a public corporation and a private corporation.
(a) Identify the financial reporting standards a public and a private corporation may use. (b) Why do you think they differ?
Explain how the reporting entity concept applies to business organizations.
Respond to the ethical scenario o r respond to the presentation in a Global Table. All responses should be one full page that is typed and double-spaced. Ethical scenarios 1.Recently, Professor...
1.Explain why senior management might overstate or understate business performance. 2.Identify and explain three methods financial statement fraudmay be committed. 3.Explain how fictitious revenue...
What results have researchers found on what therapy is better clinical psychology therapists or positive psychology therapists?

Suppose this information is available for PepsiCo, Inc. for 2012, 2013, and 2014. Instructions Calculate the inventory

Question:

(in millions) Beginning inventory Ending inventory Cost of goods sold Sales revenue 2012 2013 2014 1,926 2,290 18,038 39,474 2,290 2,522 2,522 20,351 43,251 2,618 20,099 43,232

Step by Step Answer:

2012 2013 2014 Inventory turnover times times time...View the full answer

Accounting Tools for Business Decision Making

Students also viewed these Managerial Accounting questions