What was the company fixed-asset turnover ratio

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Reference no: EM132718127

Question - At the end of its 2015 fiscal year, Toro Company, the lawn mower company, reported approximately $225 million in property, plant, and equipment and another $315 million in intangible assets in its balance sheet.

Please access Toro's financial statements for the fiscal year ended October 31, 2015, using EDGAR and answer the following questions:

1. What types of assets does Toro include under the property, plant, and equipment classification?

2. What types of assets does Toro include as intangibles?

3. What was the company's fixed-asset turnover ratio for 2015?

4. How much did Toro report as research and development expense in 2015?

Reference no: EM132718127

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