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The year-end financial statements for North Railway report the following information: Year ended December 31, (In millions) Revenues Year 2 Year 1 $19,829 $21,967 Property

The year-end financial statements for North Railway report the following information: Year ended December 31, (In millions) Revenues Year 2 Year 1 $19,829 $21,967 Property and equipment, net 55,125 53,559 Total assets 84,122 81,703 The annual property, plant and equipment turnover is: Select one: a. None of these are correct. b. 0.25 c. 0.36 d. 0.41 e. 1.55

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