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Computing Asset Related Ratios Dicks Sporting Goods included the following information in its year-end 2015 10-K Sales $7,559,853 PPE, gross 2,731,980 Land Construction in progress

Computing Asset Related Ratios Dicks Sporting Goods included the following information in its year-end 2015 10-K

Sales $7,559,853
PPE, gross 2,731,980
Land
Construction in progress 124,400
Accumulated depreciation 1,317,429
PPE, net, at year-end 2014 1,203,382
Depreciation expense 193,594

a. Compute PPE turnover. Round answer to one decimal place. Answer

b. Compute the average useful life. Round answer to one decimal place. Answer

years c. Compute the percentage used up of the PPE. Round answer to one decimal place (ex: 0.2345 = 23.5%) Answer

%

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