Question
Computing Asset Related Ratios Dicks Sporting Goods included the following information in its year-end 2015 10-K Sales $7,870,964 PPE, gross 2,787,536 Land Construction in progress
Computing Asset Related Ratios Dicks Sporting Goods included the following information in its year-end 2015 10-K
| Sales | $7,870,964 |
| PPE, gross | 2,787,536 |
| 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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Audit Quality And Financial Statements Fraud Detection
Authors: Asma Al-znaimat, Mohammad Al- Dahiyat
1st Edition
3659537888, 978-3659537882
