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LO6 E8-30. Computing and Evaluating Receivables, Inventory, and PPE Turnovers MBC 3M Company reports the following financial statement amounts in its 10-K report: 3M Company

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LO6 E8-30. Computing and Evaluating Receivables, Inventory, and PPE Turnovers MBC 3M Company reports the following financial statement amounts in its 10-K report: 3M Company Sales Inventories PPE, net NYSE :: MMM ($ millions) Cost of Sales Receivables 2018 . . $32,765 $16,682 $5,020 $4,366 $8,738 2017 . . 31,657 16,055 4,911 4,034 8,866 2016 . . 30, 109 15, 118 4,392 3,385 8,516

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