Assume the following data were included in a recent Apple Inc. annual report (in millions):...
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Accounting
Assume the following data were included in a recent Apple Inc. annual report (in millions): Net sales Net property, plant, and equipment Required: 2017 $14,231 787 2018 $19,615 2019 $24,306 2020 $32,779 1,251 1,802 2,425 1. Compute Apple's fixed asset turnover ratio for 2018, 2019, and 2020. (Round your answers to 1 decimal place.)
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