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.