The following are the income statement and a portion of the long-term asset section of NASDAQ EGN Group's balance sheet for 2016. Amounts are in millions.
NASDAQ EGN Group's property and equipment is primarily shorter-term data processing equipment without the long-term buildings or other real estate owned. This equipment readily defines the company through its primary business, the running of exchanges for the stock market. The company is very active in reacting to changes in the way trading is done by also acquiring other global companies (exchanges).
A. Compute property, plant and equipment turnover for 2016 and 2015 and explain any changes. Net plant and equipment for 2014 totaled $492 million. Are there any unique considerations for a company like NASDAQ EGN Group? Explain.
B. How much has NASDAQ EGN Group invested in property plant and equipment as compared to intangibles, primarily goodwill in 2016? Does this seem odd? What may account for this?

Question

The following are the income statement and a portion of the long-term asset section of NASDAQ EGN Group's balance sheet for 2016. Amounts are in millions.
    NASDAQ EGN Group's property and equipment is primarily shorter-term data processing equipment without the long-term buildings or other real estate owned. This equipment readily defines the company through its primary business, the running of exchanges for the stock market. The company is very active in reacting to changes in the way trading is done by also acquiring other global companies (exchanges).
A. Compute property, plant and equipment turnover for 2016 and 2015 and explain any changes. Net plant and equipment for 2014 totaled $492 million. Are there any unique considerations for a company like NASDAQ EGN Group? Explain.
B. How much has NASDAQ EGN Group invested in property plant and equipment as compared to intangibles, primarily goodwill in 2016? Does this seem odd? What may account for this?

Quizplus · Accepted Answer

The Answer of The following are the income statement and a portion of the long-term asset section of NASDAQ EGN Group's balance sheet for 2016. Amounts are in millions.
    NASDAQ EGN Group's property and equipment is primarily shorter-term data processing equipment without the long-term buildings or other real estate owned. This equipment readily defines the company through its primary business, the running of exchanges for the stock market. The company is very active in reacting to changes in the way trading is done by also acquiring other global companies (exchanges).
A. Compute property, plant and equipment turnover for 2016 and 2015 and explain any changes. Net plant and equipment for 2014 totaled $492 million. Are there any unique considerations for a company like NASDAQ EGN Group? Explain.
B. How much has NASDAQ EGN Group invested in property plant and equipment as compared to intangibles, primarily goodwill in 2016? Does this seem odd? What may account for this?

The Following Are the Income Statement and a Portion of the Long-Term