Ask Question
25 January, 11:37

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.

+5
Answers (1)
  1. 25 January, 11:52
    0
    2015 FAT = 4,168323393

    2016 FAT = 3,87219893

    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
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Assume Intel Corporation (INTC) and Texas Instruments (TXN) report the following information. Intel Corp Texas Instruments ($ millions) ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers