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 $53,448 $13,782 $5,553 $36,171 2017 56,485 14,117 6,983 41,109 2018 63,763 16,403 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). 2017 2018 Inventory turnover PPE turnover b. What changes are evident in the turnover rates of Intel for these years? Inventory turnover PPE turnover