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Business, 08.04.2020 00:02 kaffolter25

Nvidia Corporation, a global technology company located in Santa Clara, California, reported the following information in its 2017 financial statements ($ in millions): 2017 2016 Balance sheets Property, plant, and equipment (net) $ 462 $ 525 Income statement Net sales for 2017 $ 5,030 Required: 1. Calculate the company’s 2014 fixed-asset turnover ratio.

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