Question: This information is available for PepsiCo, Inc. for 2004, 2005, and 2006. Instructions Calculate the inventory turnover ratio , days in inventory, and gross profit

This information is available for PepsiCo, Inc. for 2004, 2005, and 2006.

Instructions
Calculate the inventory turnover ratio, days in inventory, and gross profit rate for PepsiCo., Inc. for 2004, 2005, and 2006. Comment on anytrends.

(in millions) 2004 2005 2006 Ending inventory Cost of goods sold Sales Beginning inventory 1,412 1,541 1,693 1,541 12,674 1,693 14,176 29,26 32,562 35,137 1,926 15,762

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