{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-05-28T22:11:19-04:00", "answer_date": "2024-05-28 22:11:19", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "1861541", "url": "\/study-help\/questions\/computing-asset-related-ratios-jm-smucker-included-the-following-information-1861541", "question_creation_date_js": "2024-05-28T22:11:19-04:00", "question_creation_date": "May 28, 2024 10:11 PM", "meta_title": "[Solved] Computing Asset Related Ratios J.M. Smuck | SolutionInn", "meta_description": "Answer of - Computing Asset Related Ratios J.M. Smucker included the following information in its April 2019 10-K. Apr. 30, 2019 A | SolutionInn", "meta_keywords": "computing,asset,related,ratios,m,smucker,included,information,april,2019,10-k,apr", "question_title_h1": " Computing Asset Related Ratios J.M. Smucker included the following information in its April 2019 10-K. Apr. 30, 2019 Apr. 30, 2018 $ millions Sales", "question_title": " Computing Asset Related Ratios J.M. Smucker included the following information in", "question_title_for_js_snippet": "Computing Asset Related Ratios J M Smucker included the following information in its April 2019 10 K Apr 30, 2019 Apr 30, 2018 $ millions Sales $8,151 5 Depreciation expense 214 2 Land 127 0 $124 9 Buildings and fixtures 939 3 845 1 Machinery and equipment 2,294 3 2,217 1 Construction in progress 334 7 220 6 Gross property, plant, and equipment 3,695 3 3,407 7 Accumulated depreciation (1,684 5) (1,588 3) Total property, plant, and equipment $2,010 8 $1,819,4 a Compute PPE turnover for fiscal year ended April 30, 2019 Round answer to one decimal place 4 3 b Compute the average useful life of depreciable assets at April 30, 2019 Round answer to one decimal place 0 years c Compute the percentage used up of the PPE at April 30, 2019 Round answer to one decimal place (ex 0 2345 23 5 ) 0 ", "question_description": "\"image", "transcribed_text": "Computing Asset Related Ratios J.M. Smucker included the following information in its April 2019 10-K. Apr. 30, 2019 Apr. 30, 2018 $ millions Sales $8,151.5 Depreciation expense 214.2 Land 127.0 $124.9 Buildings and fixtures 939.3 845.1 Machinery and equipment 2,294.3 2,217.1 Construction in progress 334.7 220.6 Gross property, plant, and equipment 3,695.3 3,407.7 Accumulated depreciation (1,684.5) (1,588.3) Total property, plant, and equipment $2,010.8 $1,819,4 a. Compute PPE turnover for fiscal year ended April 30, 2019. Round answer to one decimal place. 4.3 b. Compute the average useful life of depreciable assets at April 30, 2019 Round answer to one decimal place. 0 years c. Compute the percentage used up of the PPE at April 30, 2019. Round answer to one decimal place (ex: 0.2345 = 23.5%) 0 %", "related_book": { "title": "Cornerstones Of Cost Management", "isbn": "9781305147102, 1285751787, 1305147103, 978-1285751788", "edition": "3rd Edition", "authors": "Don R. Hansen, Maryanne M. Mowen", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/493.jpg", "uri": "\/textbooks\/cornerstones-of-cost-management-3rd-edition-493", "see_more_uri": "" }, "free_related_book": { "isbn": "0471514233", "uri": "\/textbooks\/managerial-accounting-test-bank-1st-edition-978-0471514237-233703", "name": "Managerial Accounting Test Bank", "edition": "1st Edition" }, "question_posted": "2024-05-28 22:11:19", "see_more_questions_link": "\/study-help\/questions\/business-management-leadership-2023-June-05", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/study-help\/object-oriented-systems-analysis\/give-jacobson-et-als-definition-of-a-component-1256550", "description": "Give Jacobson et al.s definition of a component.", "stars": 3 }, { "url": "\/name-and-describe-the-types-of-trade-sales-promotions-aacsb", "description": "Name and describe the types of trade sales promotions.", "stars": 3 }, { "url": "\/a-amount-of-dietary-fat-consumed-and-heart-disease-b-twice", "description": "a. 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