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The following data were included in a recent Pear Inc. annual report ($ in millions): In millions 2011 2012 Net sales $ 21,115 $ 25,606
The following data were included in a recent Pear Inc. annual report ($ in millions): In millions 2011 2012 Net sales $ 21,115 $ 25,606 $ Net property, plant, and equipment 1,271 1,833 2013 33,179 $ 2,935 2014 35,637 2,459 Required: 1. Compute Pear's fixed asset turnover ratio for 2012, 2013, and 2014. (Round your final answers to 2 decimal places.) 2012 2013 2014 Fixed asset turnover ratio
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