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Two manufacturing companies (Fuller Industries and Gogul Manufacturing) report the following information. Fuller Industries Gogul Manufacturing ($ in thousands) Sales PPE, net Sales PPE, net

Two manufacturing companies (Fuller Industries and Gogul Manufacturing) report the following information. Fuller Industries Gogul Manufacturing ($ in thousands) Sales PPE, net Sales PPE, net Year 6 $50,000 $27,900 $30,000 $9,000 Year 5 44,000 27,000 28,000 9,360 a. Calculate the PPE turnover ratios (PPET) for Year 6?

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