E$9-15($Algo$)$ Computing and Interpreting the Fixed Asset Turnover Ratio from a Financial Analysts Perspective $[$LO $9-7]$

The following data were included in a recent Lavender Associates annual report $($in millions$)$:

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$2015201620172018$Net revenue$ $167,500$$ $172,910$$ $84,225$$$123,889$Net property, plant, and equipment$15,64017,4004,9809,580$

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Required:

Compute Lavender's fixed asset turnover ratio for $2016,2017,$and $2018.$

During $2018,$ Zhu and Ramos reported a fixed asset turnover ratio of $8\mathrm{.}3.$ Was Lavender's turnover better or worse than Zhu and Ramos's in that year?