Whispering Winds Corp. had the following records: Ending inventory Cost of goods sold 2022 $32600 209500 2021 $29000 211200 What is Whispering's inventory turnover for 2022? (rounded)

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Suppose this information is available for PepsiCo, Inc. for 2020, 2021, and 2022. (c) (in millions) Beginning inventory Ending inventory Cost of goods sold Sales revenue (a) Inventory turnover ratio Your answer is correct. Inventory turnover ratio 2020 Days in inventory $116,000 317,500 895,000 1,120,000 1,595,500 1,195,000 eTextbook and Medial Calculate the inventory turnover for 2020, 2021, and 2022. (Round answers to 1 decimal places, e.g. 15.2.) Gross profit rate 2020 2021 2020 $317,500 2020 410,500 Calculate the inventory turnover for 2020, 2021, and 2022. (Round answers to 1 decimal places, e.g. 15.2.) 4.1 times 4.1 times 2020 2022 89 days $410,500 476,500 1,297,500 1,894,000 Calculate the days in inventory for 2020, 2021, and 2022. (Round answers to 1 decimal places, e.g. 15.2.) 2021 % 2021 3.1 times. 2021 3.1 Calculate the gross profit rate for 2020, 2021, and 2022. (Round answers to 1 decimal places, e.g. 15.2 %) 2021 times 117 days 2022 2022 2022 2022 125 2.9 2.9 times times…

Caterpillar Inc (CAT) has the following excerpts from their financial statements   December 31, 2021 December 31, 2020 Inventory (in $ Millions)                             14,038                             11,402 Net Income(in $ Millions)                                 6,489                             2,998   Inventories are principally determined using the last-in, first-out (LIFO) method. The value of inventories on the LIFO basis.   If the FIFO (first-in, first-out) method had been in use, inventories would have been $3,258 million and $2,921 million higher than reported at December 31, 2021 and 2020, respectively.   Assume corporate tax rate of 21%.       If CAT had used FIFO method instead of LIFO method   What inventory (in $ Millions) would CAT report for 2021?   What net income (profit) would CAT report in 2021?   What is the cumulative amount of income tax savings that CAT generated through end of 2021 by using LIFO instead of FIFO?   What…