The following data are from recent financial statements of Coca-Cola Amatil and PepsiCo. Required (a) Based on
Question:
The following data are from recent financial statements of Coca-Cola Amatil and PepsiCo.
Required
(a) Based on the information in the financial statements, calculate these values for each entity:
1. Inventory turnover.
2. Days in inventory.
(b) What conclusions concerning the management of the inventory can be drawn from these data?
Transcribed Image Text:
Cost of sales Finished goods inventory, start of the year Finished goods inventory, end of the year Coca-Cola Amatil (A$ in millions) 2843 345 347 PepsiCo (US$ in millions) 31 243 1533 1509
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Solution a 1 Inventory turnover days in inventoryinventory 2 Days in inventory inventoryprices...View the full answer
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Related Book For
Financial Accounting Reporting Analysis And Decision Making
ISBN: 9780730313748
5th Edition
Authors: Shirley Carlon, Rosina Mladenovic Mcalpine, Chrisann Palm, Lorena Mitrione, Ngaire Kirk, Lily Wong
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