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  3. the following data were included in a recent papay

The following data were included in a recent Papaya Inc. annual report (in millions): 2012...

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The following data were included in a recent Papaya Inc. annual report (in millions): 2012 $80,225 $133,119 $185,500 15,600 2010 2011 2013 $194,910 16,400 Net revenue Net property, plant, and equipment 4,940 9,180 Required: 1. Compute Papaya's fixed asset turnover ratio for 2011, 2012, and 2013. (Do not round intermediate calculations. Round your answers to 1 decimal place.) Fixed Asset Year Turnover Ratio 2011 2012 2013

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