Question
The following data were included in a recent Papaya Inc. annual report (in millions): 2013201420152016Net revenue$70,225$116,119$165,500$164,910Net property, plant, and equipment4,8408,18015,50014,000 Compute Papaya's fixed asset turnover
The following data were included in a recent Papaya Inc. annual report (in millions):
2013201420152016Net revenue$70,225$116,119$165,500$164,910Net property, plant, and equipment4,8408,18015,50014,000
- Compute Papaya's fixed asset turnover ratio for 2014, 2015,and 2016.(Do not round intermediate calculations. Round your answers to 1 decimal place.)
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Introductory Financial Accounting for Business
Authors: Thomas Edmonds, Christopher Edmonds
1st edition
1260299449, 978-1260299441
