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How the company is managing capital assets

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Reference no: EM132487660

Trujillo Company had the following selected account balances for the years presented:

 

 

 

 

 

 

2019

 

2018

 

2017

 

 

 

 

$481,317

Sales                 $510,329

 

 

 

 

$495,761

 

 

 

 

 

 

Cash                       7,722

 

6,756

 

6,867

 

 

 

 

 

PPE, gross                 185,810

 

185,154

 

179,492

 

 

 

 

 

Accumulated        81,493

 

77,479

 

71,782

Depreciation

 

 

 

 

Question 1: Calculate Trujillo's PPE Turnover ratio for years 2017, 2018 and 2019. (Be sure to show your calculations).

Question 2: What does Trujillo's PPE Turnover ratio trend indicate regarding how the company is managing its capital assets?

Reference no: EM132487660

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