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Calculate the Net PPE turnover ratio from the Table above for all the four years of data provided and take an average of the four

Calculate the Net PPE turnover ratio from the Table above for all the four years of data provided and take an average of the four years?

You are an intern with an equity research organization. You have been given the task to project the values of certain income statement and balance sheet items for the next year (FY2020) for ABC Ltd (Your current time=0 is FY ending 2019). You have collected information about the historical income statement and balance sheet items. The historical information is provided in Table 1

Table 1

PARTICULARS (All values in INR crores)

FY2019

FY2018

FY2017

FY2016

Sales Revenue

17273.00

15463.00

14789.00

13636.00

EBITDA

12213.00

9385.00

10237.00

Not given

Depreciation expense

1811.00

745.00

645.00

Not given

EBIT

10402.00

8640.00

9592.00

Not given

Interest

0.00

0.00

0.00

Not given

EBT

10402.00

8640.00

9592.00

Not given

Tax

2600.50

2160.00

2398.00

Not given

Net Profit

7801.50

6480.00

7194.00

Not given

Net PPE

17032.00

14522.00

13064.00

12813.00

Net PPE: Net Property Plant and equipment (Balance sheet item)

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