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The following data were included in a recent Mango, Inc. annual report ($ in millions): In millions Net sales Net property, plant, and equipment 2014
The following data were included in a recent Mango, Inc. annual report ($ in millions): In millions Net sales Net property, plant, and equipment 2014 $ 21,115 1,287 2015 $ 25,906 1,838 2016 $ 33,679 2,945 2017 $ 35,437 2,460 Required: 1. Compute Mango's fixed asset turnover ratio for 2015, 2016, and 2017. (Do not round Intermediate calculations. Round your final answers to 2 decimal places.) 2015 2016 2017 Fixed asset turnover ratio
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