Computing Asset Related Ratios

Dicks Sporting Goods included the following information in its year-end 2015 10-K.

Sales............................................................. $7,270,965

PPE, gross ........................................................ 2,665,314

Land .............................................................

Construction in progress ............................................. 124,400

Accumulated depreciation ............................................ 1,317,429

PPE, net, at year-end 2014 ........................................... 1,203,382

Depreciation expense................................................ 193,594

Required

a. Compute PPE turnover.

b. Compute the average useful life.

c. Compute the percentage used up of the PPE.