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11 The following data were included in a recent Papaya Incorporated annual report (in millions): Required: 1. Compute Papaya's fixed asset turnover ratio for 2016,2017

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11

The following data were included in a recent Papaya Incorporated annual report (in millions): Required: 1. Compute Papaya's fixed asset turnover ratio for 2016,2017 , and 2018. 2. During 2018, Bigley reported a fixed asset turnover ratio of 9.4 . Was Papaya's turnover better or worse than Bigley's in that ye Complete this question by entering your answers in the tabs below. Compute Papaya's fixed asset turnover ratio for 2016, 2017, and 2018. (Do not round intermediate calculations. Round your answers to 1 decimal place.)

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