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 | |
| 2015 | $54,244 | $32,302 | $12,890 | $2,646 | |
| 2014 | 55,870 | 33,238 | 13,045 | 2,840 | |
Compute the 2015 PPE turnover for both companies.
Round answers to two decimal places.
| PPE turnover rate | |
|---|---|
| Intel Corporation | Answer |
| Texas Instruments | Answer |
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Computing and Comparing PPE Turnover Ratio 1 Formula The PPE turnover ratio is calculated by dividin...
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Financial Accounting
Authors: Michelle L. Hanlon, Robert P. Magee, Glenn M. Pfeiffer, Thomas R. Dyckman
6th Edition
1618533118, 978-1618533111
