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Please see the data below for 2 companies, Smith Company and Howard Corporation (amounts in millions): Smith Company Howard Corporation Sales PPE, net Sales PPE,

Please see the data below for 2 companies, Smith Company and Howard Corporation (amounts in millions):

Smith Company

Howard Corporation

Sales

PPE, net

Sales

PPE, net

2021

$200,000

$65,000

$252,000

$50,000

2020

$150,000

$60,000

$210,000

$40,000

1.) Compute the 2021 PPE turnover for Smith Company

2.) Compute the 2021 PPE turnover for Howard Corporation

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