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Assume Intel Corporation (INTC) and Texas Instruments (TXN) report the following information. Intel Corp Texas Instruments ($ millions) Sales Plant, Property and Equipment, net Sales Plant, Property and Equipment, net 2015 $34,209 $15,768 $12,580 $3,918 2016 38,826 17,111 13,392 3,899 Compute the 2016 PPE turnover for both companies.

User Mysterio
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1 Answer

5 votes

Answer:

2015 FAT= 4,168323393

2016 FAT= 3,87219893

Step-by-step explanation:

2015 2016

sales plant 34209 38826

propierty 15768 17111

net sales 12580 13392

propierty net 3018 3899

​FAT=Net Sales​/Average Fixed Assets

2015 FAT=12580/3018

2018 FAT=13392/(3899-3018)

2015 FAT= 4,168323393

2016 FAT= 3,87219893

User Shrayas
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