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28 February, 05:48

Texas Instruments Inc. and Intel Corporation report the following information Intel Corporation Texas Instruments $ millions Sales PPE, net Sales PPE, net 2015 $56,688 $31,347 $13,188 $2,530 2014 55,870 33,238 13,045 2,840 Compute the 2015 PPE turnover for both companies. Round answers to two decimal places.

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  1. 28 February, 08:55
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    The 2015 PPE turnover for both companies is:

    Intel Corporation is 1.76

    Texas Instruments Inc is 4.91

    Explanation:

    PPE turnover = sales/Average

    Intel Corporation:

    PPE turnover = $56,688 / ($31,347 + $33,238) / 2

    = $54,244 / $32,770

    = 1.76

    Texas Instruments Inc:

    PPE turnover = $13,188 / ($2,530 + $2,840) / 2

    = 4.91

    Therefore, The 2015 PPE turnover for both companies is:

    Intel Corporation is 1.76

    Texas Instruments Inc is 4.91
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