Suppose this information is available for PepsiCo, Inc. for 2025, 2024, and 2023. (in millions) Beginning inventory Ending inventory Cost of goods sold Sales revenue 2025 2024 2023 $2,400 $2,200 $1,900. 2,500 2,400 2,200 19,600 20,010 18,040 42,240 42,300 41,000

Principles of Accounting Volume 1
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Chapter10: Inventory
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Problem 16PB: Use the following information relating to Medinas Company to calculate the inventory turnover ratio,...
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Suppose this information is available for PepsiCo, Inc. for 2025, 2024, and 2023.
(in millions)
Beginning inventory
Ending inventory
Cost of goods sold
Sales revenue
2025
$2,400
2,500
19,600
42,240
2024
$2,200 $1,900.
2,400
20,010
2023
42,300
2,200
18,040
41,000
Transcribed Image Text:Suppose this information is available for PepsiCo, Inc. for 2025, 2024, and 2023. (in millions) Beginning inventory Ending inventory Cost of goods sold Sales revenue 2025 $2,400 2,500 19,600 42,240 2024 $2,200 $1,900. 2,400 20,010 2023 42,300 2,200 18,040 41,000
(b)
Calculate the days in inventory for 2023, 2024, and 2025. (Round days in inventory to 1 decimal place, e.g. 5.1.)
Days in
inventory
2023
days
2024
days
2025
days
Transcribed Image Text:(b) Calculate the days in inventory for 2023, 2024, and 2025. (Round days in inventory to 1 decimal place, e.g. 5.1.) Days in inventory 2023 days 2024 days 2025 days
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