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
2015 $56,466 $31,414 $13,110 $2,546
2014 55,870 33,238 13,045 2,840

Compute the 2015 PPE turnover for both companies. Round answers to two decimal places.

PPE turnover rate
Intel Corporation Answer
Texas Instruments Answer

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