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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.
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