11. The following data were included in a recent Pear Inc. annual report ($...
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Accounting
11.
The following data were included in a recent Pear Inc. annual report ($ in millions):
In millions
2011
2012
2013
2014
Net sales
$
19,715
$
24,806
$
33,579
$
35,437
Net property, plant, and equipment
1,290
1,835
2,949
2,460
Required:
1. Compute Pear's fixed asset turnover ratio for 2012, 2013, and 2014. (Round your final answers to 2 decimal places.)
The following data were included in a recent Pear Inc. annual report (S in millions): 2014 35,437 In millions 2012 $ 19,715 $ 24,806 $ 33,579 2011 2013 Net sales Net property, plant, and equipment 1,290 1,835 2,949 2,460 Required 1. Compute Pears fixed asset turnover ratio for 2012, 2013, and 2014. (Round your final answers to 2 decimal places.) 2012 2013 2014 Fixed asset turnover ratico
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