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Computing Asset Related Ratios Dicks Sporting Goods included the following information in its year-end 2015 10-K $7,270,965 Sales PPE, gross Land Construction in progress Accumulated
Computing Asset Related Ratios Dicks Sporting Goods included the following information in its year-end 2015 10-K $7,270,965 Sales PPE, gross Land Construction in progress Accumulated depreciation 1,317,429 PPE, net, at year-end 2014 1,203,382 Depreciation expense 2,665,314 124,400 193,594 a. Compute PPE turnover. Round answer to one decimal place. b. Compute the average useful life. Round answer to one decimal place. 0 years C. Compute the percentage used up of the PPE. Round answer to one decimal place (ex: 0.2345-23.5%)
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