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The following data were included in a recent Pear Inc. annual report ($ in millions): In millions 2011 2012 2013 2014 Net sales Net property,
The following data were included in a recent Pear Inc. annual report ($ in millions):
In millions 2011 2012 2013 2014 Net sales Net property, plant, and equipment S19,315 S 24,706 S32,679 $ 35,537 2,471 1,283 1,845 2,944 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 ratioStep by Step Solution
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