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Computing Asset Related Ratios Dicks Sporting Goods included the following information in its year-end 2015 10-K Sales $6,882,077 PPE, gross 2,598,648 Land Construction in progress

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

Sales $6,882,077
PPE, gross 2,598,648
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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