J.M. Smucker included the following information in its April 2019 10-K. $ millions Apr. 30, 2019
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J.M. Smucker included the following information in its April 2019 10-K.
$ millions | Apr. 30, 2019 | Apr. 30, 2018 |
---|---|---|
Sales | $7,994.8 | |
Depreciation expense | 210.1 | |
Land | 124.5 | $122.5 |
Buildings and fixtures | 921.3 | 828.9 |
Machinery and equipment | 2,163.2 | 2,090.4 |
Construction in progress | 328.2 | 216.3 |
Gross property, plant, and equipment | 3,537.2 | 3,258.1 |
Accumulated depreciation | (1,652.1) | (1,557.7) |
Total property, plant, and equipment | $1,885.1 | $1,700.4 |
a. Compute PPE turnover for fiscal year ended April 30, 2019.
b. Compute the average useful life at April 30, 2019
c. Compute the percentage used up of the PPE at April 30, 2019.
Related Book For
Intermediate Accounting
ISBN: 978-0176509736
10th Canadian Edition, Volume 1
Authors: Donald Kieso, Jerry Weygandt, Terry Warfield, Nicola Young,
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