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Compute Papaya fixed asset turnover ratio

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Reference no: EM132607110

Question - The following data were included in a recent Papaya Inc. annual report (in millions):

 

2013

2014

2015

2016

Net revenue

$70,225

$116,119

$165,500

$164,910

Net property, plant, and equipment

4,840

8,180

15,500

14,000

Required - Compute Papaya's fixed asset turnover ratio for 2014, 2015, and 2016.

Reference no: EM132607110

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