Finance Assignment | Top Essay Writing

Question 6

Use the following formula to calculate the company’s sales to Property, Plant and Equipment for year ended 1/28/17 and year ended 2/3/18.

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how to prepare balance sheet from trial balance

Sales to Property and Equipment = Sales / Property, Plant and Equipment, net

Round to two decimal places, for example, 1.5876329 = 1.59. Now answer the question below.

Did Applied Materials more effectively use property and equipment to generate revenue in the year ended 10/28/18 than in the year ended 10/29/17?

a. Yes.
b. No.

Question 7

How cash much did Applied Materials receive from disposal of property and equipment in the most recent reporting period (in millions)?

a. $3,276.
b. $571.
c. $0.
d. $622.

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