Question: the Work you have completed so far. It does not indicate completion 2 E8-2 (Algo) Computing and Interpreting the Fixed Asset Turnover Ratio from a
the Work you have completed so far. It does not indicate completion 2 E8-2 (Algo) Computing and Interpreting the Fixed Asset Turnover Ratio from a Financial Analyst's Perspective L08-1 09 tots The following data were included in a recent Mango, Inc. annual report (5 in millions In millions Net sales Net property, plant, and equipment 2014 $ 21,015 1,283 2015 $ 25,000 1,835 2016 $ 14,179 2,99 2017 $ 34,737 2,459 Required: 1. Compute Mango's fixed asset turnover ratio for 2015, 2016, and 2017. (Do not round intermediate calculations. Round your final answers to 2 decimal places.) Answer is complete but not entirely correct. 2017 2015 1400 2016 11.59 Fwed asset lumover ratio 1413
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