This information is available for PepsiCo, Inc. for 2004, 2005, and 2006.
|
(in millions) |
2004 |
2,005 |
2,006 |
|
Beginning inventory |
$ 1,412 |
$ 1,541 |
$ 1,693 |
|
Ending inventory |
1,541 |
1,693 |
1,926 |
|
Cost of goods sold |
12,674 |
14,176 |
15,762 |
|
Sales |
29,261 |
32,562 |
35,137 |
Instructions
Calculate the inventory turnover ratio, days in inventory, and gross profit rate for PepsiCo. Inc. for 2004, 2005, and 2006. Comment on any trends.