Answered

Westonci.ca is your trusted source for finding answers to a wide range of questions, backed by a knowledgeable community. Explore our Q&A platform to find in-depth answers from a wide range of experts in different fields. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently.

Three major transportation segments and a major company within each segment are as follows:
Segment Company Motor carriers YRC Worldwide Inc. (YRCW) Railroads Union Pacific Corporation (UNP) Transportation Arrangement C.H. Robinson Worldwide Inc. (CHRW) YRC Worldwide Union Pacific C.H. Robinson Worldwide Sales $4,832 $21,813 $13,470 Average long-term operating assets 1,016 47,569 1,092
a. Determine the asset turnover for all three companies. Round to two decimal places.
YRC Worldwide ________
Union Pacific _______
C.H. Robinson Worldwide ______
b. Based on your calculations above which of the following statements are correct.

Sagot :

anthougo

Answer:

Segment Company Motor

a) The asset turnover ratios for all three companies. Round to two decimal places are:

YRC Worldwide ___4.76_____

Union Pacific ___0.46____

C.H. Robinson Worldwide __12.34____

b) Based on the Asset Turnover Ratio computed above, Transportation Arrangement is the most efficient.  It outperformed YRC Worldwide and Union Pacific Corporation in deploying assets to generate revenue.  The performance of Union Pacific Corporation in comparison is very abysmal.

Explanation:

a) Data and Calculations:

                              YRC Worldwide   Railroads Union         Transportation    

                                 Inc. (YRCW)    Pacific Corporation    Arrangement C.H.

                                                                  (UNP)

Sales                              $4,832                $21,813                      $13,470

Average long-term

operating assets             1,016                47,569                           1,092

Asset turnover = Sales/Average operating assets

=                                        4.76                  0.46                            12.34

We appreciate your time. Please revisit us for more reliable answers to any questions you may have. Thanks for using our platform. We aim to provide accurate and up-to-date answers to all your queries. Come back soon. Thank you for choosing Westonci.ca as your information source. We look forward to your next visit.