Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Texas Instruments (TI) designs and manufactures semiconductor products for use in computers, telecommunications equipment, automobiles, and other electronics based products. The manufacturing of semiconductors is

Texas Instruments (TI) designs and manufactures semiconductor products for use in computers, telecommunications equipment, automobiles, and other electronics based products. The manufacturing of semiconductors is highly capital intensive. Hewlett-Packard Corporation (HP) manufactures computer hardware and various imaging products, such as printers and fax machines. HP outsources the manufacture of a portion of the components for its products. Base your answers on the following information.

Year 11 Year 10 Year 9
Texas Instruments
Sales $8,201 $11,860 $9,468
Cost of Goods Sold 5,577 6,065 4,900
Capital Expenditures 1,790 2,762 1,373
Average Fixed Assets 5,518 4,641 3,604
Percentage Fixed Assets Depreciated 42.3% 40.0% 46.1%
Percentage Change in Sales -30.9% 25.3% 11.9%
Cost of Goods Sold as a Percentage of Sales 68.0% 51.1% 51.8%
Hewlett-Packard
Sales $45,226 $48,782 $42,370
Cost of Goods Sold 33,474 34,864 29,720
Capital Expenditures 1,527 1,737 1,134
Average Fixed Assets 4,449 4,417 5,346
Percentage Fixed Assets Depreciated 55.0% 52.7% 51.4%
Percentage Change in Sales -7.3% 15.1% -10.0%
Cost of Goods Sold as a Percentage of Sales 74.0% 71.5% 70.1%

Fixed asset turnover for TI for Year 10 equals ________

Fixed asset turnover for TI for Year 11 equals ________

Fixed asset turnover for HP for Year 10 equals ________

Fixed asset turnover for HP for Year 11 equals ________

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Contemporary Quantitative Finance

Authors: Carl Chiarella, Alexander Novikov

2010th Edition

ISBN: 3642034780, 978-3642034787

More Books

Students also viewed these Finance questions