Computing and Comparing PPE Turnover for Two Companies Texas Instruments Inc. and Intel Corporation report the following
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Computing and Comparing PPE Turnover for Two Companies
Texas Instruments Inc. and Intel Corporation report the following information
Intel Corporation | Texas Instruments | ||||
---|---|---|---|---|---|
$ millions | Sales | PPE, net | Sales | PPE, net | |
2015 | $54,244 | $32,302 | $12,890 | $2,646 | |
2014 | 55,870 | 33,238 | 13,045 | 2,840 |
Compute the 2015 PPE turnover for both companies.
Round answers to two decimal places.
PPE turnover rate | |
---|---|
Intel Corporation | Answer |
Texas Instruments | Answer |
Related Book For
Financial Accounting
ISBN: 9781618533111
6th Edition
Authors: Michelle L. Hanlon, Robert P. Magee, Glenn M. Pfeiffer, Thomas R. Dyckman
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