Estimate the percent depreciated of Deere's depreciable assets. How do you interpress Property and equipment- During 2018, the company reported $754 million of depreciation expense. Computing and Evaluating Receivables, Inventory, and PPE Turnovers /3M Company reports the following financial statement amounts in its 10-K report: game ascogs ($ millions) Sales Cost of Sales Receivables Inventories 2018... 2017.. 2016 $32,765 31,657 30.109 $16,682 16,055 15,118 $5,020 4,911 4,392 $4,366 4,034 3,385 ridge Business Publishers Chapter 8 Reporting and Analyzing Long-Term a. Compute the receivables, inventory, and PPE turnover ratios for both 2018 and 2017. (Receivables turnover and inventory turnover are discussed in Chapters 6 and 7, respectively.) b. What changes are evident in the turnover rates of 3M for these years? Discuss ways in which a company such as 3M can improve its turnover within each of these three areas. ats