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The following data were included in a recent Papaya Inc. annual report (in millions): 2013 2014 2015 2016 $79,225 $131,559 $183,500 $191,920 Net revenue Net

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The following data were included in a recent Papaya Inc. annual report (in millions): 2013 2014 2015 2016 $79,225 $131,559 $183,500 $191,920 Net revenue Net property, plant, and equipment 4,930 9,080 15,590 16,200 Required: 1. Compute Papaya's fixed asset turnover ratio for 2014, 2015, and 2016. (Do not round intermediate calculations. Round your answers to 1 decimal place.) Year Turnover Ratio Fixed Asset 2014 2015 2016 2. During 2016, Mellow reported a fixed asset turnover ratio of 9.9. Was Papaya's turnover better or worse than Mellow's in that year? Better Worse

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