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Gross profit rate for pepsico

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Reference no: EM13531800

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.

Reference no: EM13531800

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