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Return to course Computing and Evaluating Inventory and PPE Turnovers Intel Corporation reports the following financial statement amounts in its 10-K reports. Support ! Cost
Return to course Computing and Evaluating Inventory and PPE Turnovers Intel Corporation reports the following financial statement amounts in its 10-K reports. Support ! Cost of Plant, Property and s millions Sales Goods Sold Inventories Equipment, Net 2016 595019 524501 55553 $36171 2012 100.413 25.09 600 41.109 2018 111357 29.102 48976 a. Compute the inventory and PPE turnover ratios for both 2017 and 2018 Note: Do not round until your final answer Note: Round your final answers to one decimal place (for example, enter 6.8 for 6.77555). 2017 2018 Inventory turnover 0 1. What changes are evident in the turnover rates of Intel for these years? Inventory turnover PPE turnover
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