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Calculate Trujillos PPE Turnover ratio

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Reference no: EM132482851

Question - Trujillo Company had the following selected account balances for the years presented:

 

2019

2018

2017

2016

Sales

$510,329

$495,761

$481,317

$478,614

Cash

7,722

6,756

6,867

8,705

PPE, gross

185,810

185,154

179,492

176,958

Accumulated Depreciation

81,493

77,479

71,782

66,787

Required -

1. Calculate Trujillo's PPE Turnover ratio for years 2017, 2018 and 2019.

2. What does Trujillo's PPE Turnover ratio trend indicate regarding how the company is managing its capital assets?

Reference no: EM132482851

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