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The following data were included in a recent Bigley.organization annual report (in millions): 2015 2016 2017 2018 Net revenue $ 171,500 $ 172,910 $ 73,225

The following data were included in a recent Bigley.organization annual report (in millions):

2015 2016 2017 2018
Net revenue $ 171,500 $ 172,910 $ 73,225 $121,449
Net property, plant, and equipment 15,530 14,600 4,870 8,480

Required:

Compute Bigley's fixed asset turnover ratio for 2016, 2017, and 2018.

During 2018, Papaya reported a fixed asset turnover ratio of 9.3. Was Bigley's turnover better or worse than Papaya's in that year?

image text in transcribed Compute Bigley's fixed asset turnover ratio for 2016, 2017, and 2018. (Do not round intermediate calculations. Round your answers to 1 decimal place.) During 2018, Papaya reported a fixed asset turnover ratio of 9.3. Was Bigley's turnover better or worse than Papaya's in that year? \begin{tabular}{l} \hline Better \\ \hline Worse \end{tabular}

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