iPad 8:39 PM @ 47%. Exercise 6-10 (Part Level Submission) Suppose this informati

Question

iPad 8:39 PM @ 47%. Exercise 6-10 (Part Level Submission) Suppose this information is available for PepsiCo, Inc. for 2012, 2013, and 2014 Chapter HW 6-2 F17 2014 013 $1,926 $2,290 $2,522 2,290 2,522 2,618 18,038 20,351 20,099 39,474 43,251 43,232 012 Beginning inventory Ending inventory Cost of goods sold Sales revenue Submission) xercise 6-10 (Par l Submi (a1) Review Results by Study objective Your answer is correct. Calculate the inventory turnover for PepsiCo., Inc. for 2012, 2013, and 2014. (Round inventory turnover to 1 decimal place, e.g. 5.1. 8.6 8.5 times 7.8 turnover LINK TO TEXT Attempts: 1 of 3 used (a2) Your answer is correct. Calculate the days in inventory for PepsiCo., Inc. for 2012, 2013, and 2014. (Round days in inventory to 1 decimal place, e.g. 5.1.) Days in inventony 42.4 42.9 46.8

Explanation / Answer

Gross Profit Rate for Pepsico Co. 2012 2013 2014 Gross Profit Rate 54.3% 52.9% 53.5% * Calculation of Gross Profit Rate: Gross Profit Rate = Gross Profit /Sales *100 Year Gross Profit /Sales *100 Gross Profit Rate 2012 21,436/39,474 *100 54.3% 2013 22,900/43,251 * 100 52.9% 2014 23,133/43,232 * 100 53.5% *Calculation of Gross Profit: Gross Profit = sales revenue - Cost of goods sold Year Sales revenue - Cost of goods sold Gross Profit 2012 39,474 - 18038 21436 2013 43,251-20351 22900 2014 43232 - 20099 23133

Related Questions

Navigate

• Browse (All)
• Browse I
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.