Question
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 depreciation1,317,429 PPE,
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 depreciation1,317,429
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
0.00 points out of 1.00
%
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Auditing Cases An Active Learning Approach
Authors: Mark S. Beasley, Frank A. Buckless, Steven M. Glover, Douglas F. Prawitt
2nd Edition
0130674842, 978-0130674845
