Computing Asset Related Ratios J.M. Smucker included the following information in its April 2019 10-K....
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Computing Asset Related Ratios J.M. Smucker included the following information in its April 2019 10-K. $ millions Apr. 30, 2019 Apr. 30, 2018 Sales $8,073.1 Depreciation expense 212.2 Land 125.8 $123.7 Buildings and fixtures 930.3 837.0 Machinery and equipment 2,206.9 2.132.6 Construction in progress 331.5 218.5 Gross property, plant and equipment 3.594.5 3.311.8 Accumulated depreciation (1.668.3) (1,573.0) Total property, plant and equipment $1,926,2 $1,738.8 a. Compute PPE turnover for fiscal year ended April 30, 2019. Round answer to one decimal place." Type here to search
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