Computing and Evaluating Inventory and PPE Turnovers Intel Corporation reports the following financial statement amounts in its 10-K reports. millions Sales Goods Sold Inventories 2016 $59,387 $15,313 2017 62,761 -15,685 2018 70,848 18,226 Inventory turnover PPE turnover Cost of a. Compute the inventory and PPE turnover ratios for both 2017 and 2018. Note: Do not round until your final answer. Note: Round your final answers to one decimal place (for example, enter 6.8 for 6.77555). Inventory turnover PPE turnover 2017 $5,553 6,983 7,253 0 0 Plant, Property and Equipment, Net 2018 0 0 b. What changes are evident in the turnover rates of Intel for these years? $36,171 41,109 48,976 <>>