The following data were included in a recent Pear Inc. annual report ($ in millions): In...
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The following data were included in a recent Pear Inc. annual report ($ in millions): In millions 2011 2012 2013 33,179 $ 2,951 2014 21,015 $ 1,276 Net sales $ 24,906 $ 1,837 34,837 2,464 Net property, plant, and equipment Required: 1. Compute Pear's fixed asset turnover ratio for 2012, 2013, and 2014. (Round your final answers to 2 decimal places.) 2012 2013 2014 Fixed asset turnover ratio The following data were included in a recent Pear Inc. annual report ($ in millions): In millions 2011 2012 2013 33,179 $ 2,951 2014 21,015 $ 1,276 Net sales $ 24,906 $ 1,837 34,837 2,464 Net property, plant, and equipment Required: 1. Compute Pear's fixed asset turnover ratio for 2012, 2013, and 2014. (Round your final answers to 2 decimal places.) 2012 2013 2014 Fixed asset turnover ratio
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Fundamentals of Financial Accounting
ISBN: 978-0078025914
5th edition
Authors: Fred Phillips, Robert Libby, Patricia Libby
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