Following are selected financial information from Foster Toys, Inc.'s 2016 10-K report:
A. Compute the PPE turnover for 2016 and 2015 (net PP&E is $467,160 for 2014).
B. Is there an identifiable trend and is this an improvement for the company?
Correct Answer:
Verified
2016: $10,222,458 / [($...
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