Exercise 6-11 Suppose this information is available for PepsiCo, Inc. for 2015, 2016, and 2017....
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Accounting
Exercise 6-11 Suppose this information is available for PepsiCo, Inc. for 2015, 2016, and 2017. (in millions) 2015 2016 2017 Beginning inventory $1,800 $2,400 $2,600 Ending inventory 2,400 2,600 2,700 Cost of goods sold 18,298 20,757 19,951 Sales revenue 39,720 43,686 43,628 Calculate the inventory turnover for PepsiCo, Inc. for 2015, 2016, and 2017.
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