Calculate and compare fixed asset turnover

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Reference no: EM131441661

Case - Long Lived Assets

Download the 2015 financial statements for:

  • Resolute Forest Products
  • International Paper Company
  • UPM-Kymmene Corporation

1. Based on the data for each company, estimate the total useful life, age and remaining useful life of each company's property, plant, and equipment.

2. Interpret the estimates. What items might affect comparisons across these companies?

3. How does each company's 2015 depreciation expense compare to its capital expenditures for the year?

4. Calculate and compare fixed asset turnover for each company.

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The task requires the assessment of useful life, age and remaining useful life of PPE of three different companies. The accounting policies of these companies have been identified and compared. The analysis of depreciation and capital expenditure has also been done. Lastly, fixed asset turnover has been computed.

Reference no: EM131441661

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