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 | $56,466 | $31,414 | $13,110 | $2,546 | |
| 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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Blockchain Technology In Accounting And Auditing
Authors: Prof Oleksandr Melnychenko
1st Edition
1976900328, 978-1976900327
