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Nvidia Corporation, a global technology company located in Santa Clara, California, reported the following information in its 2017 financial statements ($ in millions): 2017
Nvidia Corporation, a global technology company located in Santa Clara, California, reported the following information in its 2017 financial statements ($ in millions): 2017 2016 Balance sheets Property, plant, and equipment (net) $ 474 $555 Income statement Net sales for 2017 $5,090 Required: 1. Calculate the company's 2017 fixed-asset turnover ratio. (Enter your answers in millions rounded to one decimal place.) Fixed-asset Turnover Ratio Choose Numerator: / Choose Denominator: = Fixed-asset Turnover Ratio = Fixed-asset Turnover Ratio = times
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