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Nvidia Corporation, a global technology company located in Santa Clara, California, reported the following information in its financial statements for the fiscal year ending January

Nvidia Corporation, a global technology company located in Santa Clara, California, reported the following information in its financial statements for the fiscal year ending January 26, 2020 ($ in millions):

2020 2019
Balance sheets
Property, plant, and equipment (net) $ 1,674 $ 1,404
Income statement
Net sales for 2020 $ 10,918

Required:

1. Calculate the companys 2020 fixed-asset turnover ratio.

Note: Enter your answers in millions of dollars.

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