Check my work E9-15 (Algo) Computing and Interpreting the Fixed Asset Turnover Ratio from a Financial Analysts Perspective [LO 9-7 The following data were included in a recent Robinson Manufacturing annual report in millones 2015 2017 Net reve $185,500 51,910 580,225 313), 119 wat property, plant, and equipment 15.600 16,00 4,40 9,10 Required: 1. Compute Robinson's fixed asset turnover ratio for 2016, 2017 and 2018 2. During 2018. Mellow reported a fixed asset turnover ratio of 100 Was Robinson's turnover better or worse than Mellows in that year? Complete this question by entering your answers in the tabs below. Tequired Required 2 Compute Robinson's Fored osset turnover ratio for 2016, 2017 and 2018. (Do not round Intermediate calculations. Round your mes to 1 decima) Year Fred As 15,600 16.400 Required: 4,0 100 91 points 1. Compute Robinson's fixed asset turnover ratio for 2016, 2017, and 2018 2. During 2018. Mellow reported a fixed asset turnover ratio of 10,0. Was Robinson's turnover better or worse than Mellow's in that year? cBook Complete this question by entering your answers in the tabs below. Pont Required 1 Required 2 Compute Robinson's fixed asset turnover ratio for 2016, 2017, and 2018. (Do not round Intermediate calculations. Round your answers to 1 decimal place.) Year Fixed Asset Turnover Ratio 2016 2017 2018 Required 2 > 1. Compute Robinson's fixed asset turnover ratio for 2016, 2017 and 2018 2. During 2018, Mellow reported a fixed asset turnover ratio of 10,0. Was Robinson's turnover better or worse than Mellow's in that year? 300 Complete this question by entering your answers in the tabs below. Required 1 Required 2 During 2018, Mellow reported a fixed asset turnover ratio of 10.0. Was Robinson's turnover better or worse than Mellow's in that year? Butter Worse