Calculate the fixed-asset turnover ratio, Financial Accounting

+44 141 628 6080
[email protected]

Calculate the fixed-asset turnover ratio

Fixed-asset turnover ratio; Nvidia

Response to the following problem:

Nvidia Corporation, a global technology company located in Santa Clara, California, reported the following information in its 2014 financial statements ($ in thousands):

2014 2013

Balance sheets

Property, plant, and equipment (net) $582,740 $576,144

Income statement

Net sales for 2014 $4,130,162

Required:

1. Calculate the company's 2014 fixed-asset turnover ratio.

2. How would you interpret this ratio?

View Complete Question

Request for Solution File

Ask an Expert for Answer!!

Financial Accounting: Calculate the fixed-asset turnover ratio

Reference No:- TGS02093439

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Asked Questions

Investigate the cause of the recent werewolf attacks

create a temporary committee to investigate the cause of the recent werewolf attacks in major cities throughout the United States.

Describe marxist theory and psychology of addiction

Compare the Marxist Theory and Psychology of Addiction with the Realistic Theory and psychology of Addition.

Explain framers decisions in creating the constitution

Explain how the Articles of Confederation made the above scenario possible. Describe how this scenario influenced the framers' decisions in creating the Constit

Federal bureaucracy has to put up with a lot of red tape

Question: The Federal Bureaucracy has to put up with a lot of "red tape". What is "red tape" in regards to government?

What power of recognition when it comes to office president

Question: What is "power of recognition" when it comes to the office of the president? Question Select one

What right ordinance power give to the president

Question: What right does the Ordinance Power give to the president? Question Select one:

Analyze leadership of organization during particular event

Analyze leadership of an organization during a particular event or across a defined set of events. The assignment will assess your ability to identify

Request for Solution File

Ask an Expert for Answer!!

Financial Accounting: Calculate the fixed-asset turnover ratio

Reference No:- TGS02093439

Have a Question? (oR Write a Review)

Recent Questions Asked Financial Accounting

Q : Recording the sales of the patent and equipment

Q : Why does the demand curve facing a monopolistically

Q : How can advertising become a barrier to entry

Q : Why do not perfectly competitive industries produce

Q : Calculate the fixed-asset turnover ratio

Q : How do long-run profits compare for the two types of firms

Q : Draw the payoff matrix and which outcome do you expect

Q : Review the e-portfolio-design thinking

Q : How do insurance companies try to reduce these problems