omework G Saved Help Sav E9-14 Computing and Interpreting the Fixed Asset Turnover Ratio from a Financial Analysts Perspective LO 9-7 The following data were included in a recent Apple Inc. annual report (in millions): 201 3 2014 2015 2016 Net revenue Net property, plant, and equipment $170,910 $182,795 $233,715 $215,640 16,600 20, 624 22,471 27,010 ok Required: 1. Compute Apple's fixed asset turnover ratio for 2014, 2015, and 2016. (Do not round intermediate calculations. Round your answers to 1 decimal place.) Year Fixed Asset Turnover Ratieo 2014 2015 2016 2. During 2016, Microsoft reported a fixed asset turnover ratio of 5.2. Was Apple's turnover better or worse than Microsoft's in that year?