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Usi ing fixed asset disclosure to compare companies'/Fixed asset turnover and average age of depreciable assets he following PP & E information for fiscal year

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Usi ing fixed asset disclosure to compare companies'/Fixed asset turnover and average age of depreciable assets he following PP & E information for fiscal year 2017 is available Sears Amazon Walmart in millions) Net sales Historical cost Accumulated depreciation Net PP & E Annual depreciation Capital expenditures Depreciation method Useful life- Buildings Useful life- Furniture & Fixtures Useful life- IT Equipment Required $16,702 $4,410 2,381 $1,729 332 395 $107,006 $481,317 $68,573 $179,492 71,782 19,707 48,866 $107,710 11,478 11,995 10,080 10,619 SL SL SL 20-4020-40 3-10 3-5 20-50 3-10 3-15 3-5 3-5 1. 2. 3. Estimate the total useful life, age and remaining useful life for each company Interpret the estimates. What items might effect comparisons across these companies Calculate and compare fixed asset turnover for each company

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