Question 2 Not yet answered Marked out of 3.00 PFlag question Computing Asset Related Ratios J.M. Smucker included the following information in its April 2019 10-K. $ millions Sales Apr. 30, 2019 Apr. 30, 2018 $8,073.1 Depreciation expense Land Buildings and fixtures 212.2 125.8 $123.7 930.3 837.0 Machinery and equipment 2,206.9 2,132.6 Construction in progress 331.5 218.5 Gross property, plant, and equipment 3,594.5 3,311.8 Accumulated depreciation (1,668.3) (1,573.0) Total property, plant, and equipment $1,926.2 $1,738.8 a. Compute PPE turnover for fiscal year ended April 30, 2019. Round answer to one decimal place. b. Compute the average useful life of depreciable assets at April 30, 2019. Round answer to one decimal place. years c. Compute the percentage used up of the PPE at April 30, 2019. Round answer to one decimal place (ex: 0.2345 = 23.5%) %