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The following data were included in a recent Apple Inc. annual report (in millions): Not revenue Net property, plant, and equipment 2013 $170,910 16,600 2014

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The following data were included in a recent Apple Inc. annual report (in millions): Not revenue Net property, plant, and equipment 2013 $170,910 16,600 2014 $182,795 20,624 2015 $233,715 22,471 2016 $215,640 27,010 ok Required: 1. Compute Apple's fixed asset turnover ratio for 2014, 2015, and 2016. (Do not round intermediate calculations. Round your answers to 1 decimal place.) nt nt nces Year Fixed Asset Turnover Ratio 2014 2015 2016 2. During 2016, Microsoft reported a foued asset turnover ratio of 5.2. Was Apple's turnover better or worse than Microsoft's in that year? Better Worse M

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