Computing and Evaluating Inventory and PPE Turnovers Intel Corporation reports the following financial statement amounts in its 10-K reports. Cost of Plant, Property and $ millions Sales Goods Sold Inventories Equipment, Net 2016 $95,019 $24,501 $5,553 $36,171 2017 100,418 25,096 6,983 41,109 2018 113,357 29,162 7,253 48,976 a. Compute the inventory and PPE turnover ratios for both 2017 and 2018. Note: Do not round until your final answer. Note: Round your final answers to one decimal place (for example, enter 6.8 for 6.77555). Inventory turnover PPE turnover 2017 2018 b. What changes are evident in the turnover rates of Intel for these years? Inventory turnover PPE turnover