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Compute the asset turnover

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Reference no: EM132652179

Question - Fixed Asset Turnover

JetBlue Airways Corporation (JBLU) operates passenger services throughout the United States. The following data (in millions) were adapted from recent financial statements of JetBlue.

Year 2 Year 1

Sales $6,981 $5,857

Operating assets (average for year): Property, plant, and equipment 7,194 7,189

Required - Compute the asset turnover. Round your answers to two decimal places.

Reference no: EM132652179

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