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Computing Asset Related Ratios J . M . Smucker included the following information in its April 2 0 1 9 1 0 - K .
Computing Asset Related Ratios JM Smucker included the following information in its April K $ millions Apr. Apr. Sales $ Depreciation expense Land $ Buildings and fixtures Machinery and equipment Construction in progress Gross property, plant, and equipment Accumulated depreciation Total property, plant, and equipment $ $ a Compute PPE turnover for fiscal year ended April Round answer to one decimal place. Answer b Compute the average useful life of depreciable assets at April Round answer to one decimal place. Answer years c Compute the percentage used up of the PPE at April Round answer to one decimal place ex:
Computing Asset Related Ratios
JM Smucker included the following information in its April K
$ millions Apr. Apr.
Sales $
Depreciation expense
Land $
Buildings and fixtures
Machinery and equipment
Construction in progress
Gross property, plant, and equipment
Accumulated depreciation
Total property, plant, and equipment $ $
a Compute PPE turnover for fiscal year ended April
Round answer to one decimal place.
Answer
b Compute the average useful life of depreciable assets at April
Round answer to one decimal place.
Answer
years
c Compute the percentage used up of the PPE at April
Round answer to one decimal place ex:
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