Question: 1 12.50 points E8-2 Computing and Interpreting the Fixed Asset Turnover Ratio from a Financial Analysts Perspective LO8-1 The following data were included in a

1 12.50 points E8-2 Computing and Interpreting the Fixed Asset Turnover Ratio from a Financial Analysts Perspective LO8-1 The following data were included in a recent Pear Inc. annual report ($ in millions): In millions Net sales Net property, plant, and equipment 2011 19,915 1,280 $ 2012 24,506 1,835 $ 2013 32,779 2.942 $ 2014 35,037 2,474 Required: 1. Compute Pear's fixed asset turnover ratio for 2012, 2013, and 2014. (Round your final answers to 2 decimal places.) 2012 2013 2014 Fixed asset turnover ratio

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