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5 The following data were included in a recent Papaya Inc. annual report (in millions) 2013 2014 2015 2016 $73,225 $121,449$171,500 $172,910 20 points Net
5 The following data were included in a recent Papaya Inc. annual report (in millions) 2013 2014 2015 2016 $73,225 $121,449$171,500 $172,910 20 points Net revenue Net property, plant, and equipment 4,870 8,480 15,530 14,600 Required eBook 1. Compute Papaya's fixed asset turnover ratio for 2014, 2015, and 2016. (Do not round intermediate calculations. Round your answers to 1 decimal place.) Print set Year Fixed As Turnover Ratio 2014 2015 2016 2. During 2016, Mellow reported a fixed asset turnover ratio of 9.3. Was Papaya's turnover better or worse than Mellow's in that year? Better Worse
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