Intel Corporation reports the following financial statement amounts in its 10-K reports.

Question 6 Partially correct Mark 2.00 out of 6.00 P Flag question Computing and Evaluating Inventory and PPE Turnovers Intel Corporation reports the following financial statement amounts in its 10-K reports. Cost of $ millions Sales Goods Sold Inventories 2016 $59,387 $15,313 $5,553 2017 62.761 15.685 6,983 2018 70,848 18.226 7,253 Plant, Property and Equipment, Net $36.171 41,109 48,976 a. Compute the inventory and PPE turnover ratios for both 2017 and 2018. Note: Round your answers to one decimal place (for example, enter 6.8 for 6.77555). 2017 OX OX 2018 OX Inventory turnover PPE turnover OX b. What changes are evident in the turnover rates of Intel for these years? Inventory turnover Ratio remained relatively constant PPE turnover Ratio remained relatively constant. Check Partially correct Marks for this submission: 2.00/6.00