Question: Computing and Comparing PPE Turnover for Two Companies Texas Instruments Inc. and Intel Corporation report the following information. $ millions Intel Corporation Texas Instruments Sales

Computing and Comparing PPE Turnover for Two Companies Texas Instruments Inc. and Intel Corporation report the following information.

$ millions Intel Corporation Texas Instruments Sales Plant, Property and Equipment, net Sales Plant, Property and Equipment, net 2015 . . . . . . . . . . $55,355 $31,858 $13,000 $2,596 2014 . . . . . . . . . . 55,870 33,238 13,045 2,840

a. Compute the 2015 PPE turnover for both companies. Comment on any difference observed.

b. Discuss ways in which high-tech manufacturing companies like these can increase their PPE turnover.

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