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

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
2018 $70,848 $48,976 $15,784 $3,183
2017 62,761 41,109 14,961 2,664

Compute the 2018 PPE turnover for both companies. Round answers to one decimal place.

PPE turnover rate
Intel Corporation Answer

Texas Instruments Answer

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