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) 464 $530 Income statement Net sales for 2017 $5,040 Required: 1. Calculate the company's 2017 fixed-asset turnover ratio. (Enter your answers in millions rounded to one decimal place.) Choose Numerator: Fixed-asset Turnover Ratio I Choose Denominator: Fixed-asset Turnover Ratio / = Fixed-asset Turnover Ratio / 11 times