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

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.

(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 Solution

★★★★★

3.46 Rating (172 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

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

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Document Format (1 attachment)

291-B-M-A-I (2166).docx

120 KBs Word File

Students Have Also Explored These Related Managerial Accounting 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...

Suppose this information is available for PepsiCo, Inc. for 2012, 2013, and 2014. (a1) Calculate the inventory turnover for PepsiCo., Inc. for 2012, 2013, and 2014. (Round inventory turnover to 1...

Exercise 6-10 Suppose this information is available for PepsiCo, Inc. for 2012, 2013, and 2014. See image below: Please find the following: 1. Calculate the inventory turnover for PepsiCo., Inc. for...

Suppose this information is available for PepsiCo, Inc. for 2012, 2013, and 2014. (in millions) 2012 2013 2014 Beginning inventory $1,806 $2,161 $2,389 Ending inventory 2,161 2,389 2,472 Cost of...

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

Exercise 6.10 Part a3 iPad 8:39 PM @ 47%. Exercise 6-10 (Part Level Submission) Suppose this information is available for PepsiCo, Inc. for 2012, 2013, and 2014 Chapter HW 6-2 F17 2014 013 $1,926...

Suppose this information is available for PepsiCo, Inc. for 2012, 2013, and 2014. (in millions) 2012 2013 2014 Beginning inventory $1,926 $2,290 $2,522 Ending inventory 2,290 2,522 2,618 Cost of...

Suppose this information is available for PepsiCo, Inc. for 2012, 2013, and 2014. (in millions) 2012 2013 2014 Beginning inventory $ 1,926 $ 2,290 $ 2,522 Ending inventory 2,290 2,522 2,618 Cost of...

Despite what you may have read in science fiction novels or seen in horror movies, it is extremely unlikely that insects can ever grow to human size. Why? (Insects do not have hemoglobin molecules in...

Moleno Company produces a single product and uses a standard cost system. The normal production volume is 120,000 units; each unit requires five direct labor hours at standard. Overhead is applied on...

04-FE013 When using the benefit cost ratio ( B / C ) measure of worth, what benchmark is the calculated ratio compared to in determining if an individual investment is attractive? a. 0.0 b. MARR c....

1. Based on the above facts, which option (lease or buy) minimizes GFWs after-tax cost of obtaining the facility? 2. The local real estate investor has provided an option for GFW to consider. Under...

Chemco produces two chemicals: A and B. These chemicals are produced via two manufacturing processes. Process 1 requites 2 hours of labor and 1 lb of raw material to produce 2 oz of A and 1 oz of B....

You will conduct a financial analysis of the Coca-Cola Company and PepsiCo. Write five-page paper that evaluates each firm, and provide your findings and recommendation for investment or employment....

Stankus-Wolf Electronics is a midsized electronics manufacturer located in Tampa, Florida. The company president is Alison Lyons, who inherited the company. The company originally repaired radios and...

You are a security analyst responsible for following Jaguar's stock after it floats. (Assume the company had 100 million shares outstanding.) What is your estimate of Jaguar's stock price given a 10%...

In determining whether an exculpatory clause should be enforced, why does it matter whether the contract containing the clause involves essential services (such as transportation) or nonessential...

Selected transactions for Protheroe Corporation during its first month in business are presented below. Sept. 1 Issued common stock in exchange for $20,000 cash received from investors. 5 Purchased...

Review the transactions listed in E3-3 for Persinger Corp. and classify each transaction as either an operating activity, investing activity, or financing activity, or if no cash is exchanged, as a...

In completing the engagement in Question 3, Milner pays no costs in March, $2,500 in April, and $2,200 in May (incurred in April). How much expense should the firm deduct from revenues in the month...

initial and final block diagram for production of strong nitric acid (95%) by feedstock per annum is 1 million tonne and feed material is liquid ammonia and the calculation for the production of...

prepare an alphabetical list of all Economics majors that entered the university in 2 0 2 1 the list should only display first and last names

What's the taxable equivalent yield on a municipal bond with a yield to maturity of 6.25 percent for an investor in the 25 percent marginal tax bracket? (Round your answer to 2 decimal places.)...