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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 2016
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) $ 468 $540 Income statement Net sales for 2017 $5,060 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 Tumover Ratio 1 Choose Denominator: Fixed asset Turnover Ratio = Fixed-assot Tumover Ratio times
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