Following Are Selected Disclosures from Cabela's Inc

Short Answer

Following are selected disclosures from Cabela's Inc. (an outdoor adventure superstore):
Property and equipment consisted of the following at the years ended:
Required:
a. Compute the PPE turnover for 2016 (Total revenue in 2016 is $4,129,359 thousand). Does the level of its PPE turnover suggest that Cabela's is capital intensive? (Hint: The median PPE turnover for all publicly traded companies is approximately 1.3.)
b. Cabela's reported depreciation expense of $150,163 thousand in 2016. How much of this related to Land? How much of this expense related to Construction in progress? Explain.
c. Assuming that Cabela's uses straight-line depreciation, estimate the useful life of its depreciable PPE assets.
d. By what percentage are Cabela's assets "used up" at year-end 2016? What implication does the assets-used-up ratio have for forecasting Cabela's cash flows?