Calculate the inventory turnover for the given years

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Reference no: EM131828087

Question: Suppose this information is available for PepsiCo, Inc. for 2015, 2016, and 2017.

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Instructions: (a) Calculate the inventory turnover for 2015, 2016, and 2017. (Round to one decimal place.)

(b) Calculate the days in inventory for 2015, 2016, and 2017.

(c) Calculate the gross profit rate for 2015, 2016, and 2017.

(d) Comment on any trends observed in your answers to parts (a), (b), and (c).

Reference no: EM131828087

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