This information is available for PepsiCo, Inc. for 2007, 2008, and 2009.
|
(in millions) |
2007 |
2008 |
2009 |
|
Beginning inventory |
$1,926 |
$2,290 |
$2,522 |
|
Ending inventory |
2,290 |
2,522 |
2,618 |
|
Cost of goods sold |
18,038 |
20,351 |
20,099 |
|
Sales revenue |
39,474 |
43,251 |
43,232 |
Instructions
Calculate the inventory turnover ratio, days in inventory, and gross profit rate for PepsiCo., Inc. for 2007, 2008, and 2009. Comment on any trends.