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Assume the following data were included in a recent Apple Inc. annual report fin millions) Net sales Net property, plant, and equipment 2014 $14,231 787

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Assume the following data were included in a recent Apple Inc. annual report fin millions) Net sales Net property, plant, and equipment 2014 $14,231 787 2015 $19,615 1,251 2016 $24, 306 1,803 2017 $32,779 2,425 Required: 1. Compute Apple's fixed asset turnover ratio for 2015, 2016, and 2017 (Round your answers to 1 decimal place) Year Fixed Asset Turnover Ratio 2015 2016 2017 -ces

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