Question
Computing and Comparing PPE Turnover for Two Companies Texas Instruments Inc. and Intel Corporation report the following information Intel Corporation Texas Instruments $ millions Sales
Computing and Comparing PPE Turnover for Two Companies Texas Instruments Inc. and Intel Corporation report the following information
| Intel Corporation | Texas Instruments | ||||
|---|---|---|---|---|---|
| $ millions | Sales | PPE, net | Sales | PPE, net | |
| 2018 | $70,848 | $48,976 | $15,784 | $3,183 | |
| 2017 | 62,761 | 41,109 | 14,961 | 2,664 | |
Compute the 2018 PPE turnover for both companies. Round answers to one decimal place.
| PPE turnover rate | |
|---|---|
| Intel Corporation | Answer
|
| Texas Instruments | Answer
|
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Corporate Financial Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
12th edition
1305041399, 1285078586, 978-1-133-9524, 9781133952428, 978-1305041394, 9781285078588, 1-133-95241-0, 978-1133952411
