This information is available for PepsiCo, Inc. for 2007, 2008, and 2009. InstructionsCalculate the inventory turnover ratio

Question:

This information is available for PepsiCo, Inc. for 2007, 2008, and 2009.

InstructionsCalculate the inventory turnover ratio, days in inventory, and gross profit rate for PepsiCo., Inc. for 2007, 2008, and 2009. Comment on any trends.

Inventory Turnover Ratio
Inventory Turnover RatioThe inventory turnover ratio is a ratio of cost of goods sold to its average inventory. It is measured in times with respect to the cost of goods sold in a year normally. Inventory Turnover Ratio FormulaWhere,...