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Computing and evaluating inventory and ppe turnovers

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Computing and Evaluating Inventory and PPE Turnovers

Intel Corporation reports the following financial statement amounts in its 10-K reports.

$ millions

Sales

Cost of Goods Sold

Inventories 

Plant, Property and Equipment, Net

2016

$97,989

$25,266

$5,553

$36,171

2017

103,556

25,880

6,983

41,109

2018

116,899

30,073

7,253

48,976

a. Compute the inventory and PPE turnover ratios for both 2017 and 2018.

Note: Do not round until your final answer.

Note: Round your final answers to one decimal place (for example, enter 6.8 for 6.77555).

2017

2018

Inventory turnover

Answer

Answer

PPE turnover

Answer

Answer

Reference no: EM133253949

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