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The following data were Included In a recent Papaya Inc. annual report (In millions) 2014 2013 2015 2016 $175, 910 14, B00 $74, 225 4,
The following data were Included In a recent Papaya Inc. annual report (In millions) 2014 2013 2015 2016 $175, 910 14, B00 $74, 225 4, BB0 Net revenue $122,849 B,580 $173,500 15,540 Net property, plant, and equipment Required: 1. Compute Papaya's fixed asset turnover ratlo for 2014, 2015, and 2016. (Do not round intermediate calculations. Round your answers to 1 decimal place.) Fixed Asset Year Turnover Ratio 2014 2015 2016 2 During 2016, Mellow reported a fixed asset turnover ratio of 9.4. Was Papaya's turnover better or worse than Mellow's In that year? Better Worse
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