Chap. 8- Exercises Help Save & Exit Submit Saved 1 E8-2 (Static) Computing and Interpreting the Fixed Asset Turnover Ratio from a Financial Analyst's Perspective LO8-1 The following data were included in a recent Apple Inc. annual report ($ in millions): 5.55 points 03:57:35 Net sales eBook 101 Hint In millions Net property, plant, and equipment 2014 $182,795 20,642 2015 2016 2017 $ 233,715 22,471 $ 215,639 27,010 $ 229,234 33,783 Required: 1. Compute Apple's fixed asset turnover ratio for 2015, 2016, and 2017. (Do not round intermediate calculations. Round your final answers to 2 decimal places.) Print Fixed asset turnover ratio References 2015 2016 2017 Check my work