Three major segments of the transportation industry are motor carriers, such as YRC Worldwide (YRCW); railroads, such as Union Pacific (UNP); and transportation logistics services, such as C.H. Robinson Worldwide, Inc. (CHRW). Financial statement information for these three companies follows (in thousands)

Three major segments of the transportation industry are motor carriers, such as YRC Worldwide (YRCW); railroads, such as Union Pacific (UNP); and transportation logistics services, such as C.H. Robinson Worldwide, Inc. (CHRW). Financial statement information for these three companies follows (in thousands)

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter16: Financial Statement Analysis

Section: Chapter Questions

Problem 16E

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Three major segments of the transportation industry are motor carriers such as YRC Worldwide, railroads such as Union Pacific, and transportation logistics services such as C.H. Robinson Worldwide, Inc. Recent financial statement information for these three companies follows (in thousands): YRC Union Pacific C.H. Robinson Sales $5,092,000 $22,832,000 $16,631,172 Average total assets 1,601,300 58,476,500 4,331,623 a. Determine the asset turnover for all three companies. Round your answers to one decimal place. YRC fill in the blank 1 Union Pacific fill in the blank 2 C.H. Robinson fill in the blank 3 b. The ratio of sales to assets measures the number of sales dollars earned for each dollar of assets. The greater the number of sales dollars earned for every dollar of assets, the efficient a firm is in using assets.
Three major segments of the transportation industry are motor carriers such as YRC Worldwide, railroads such as Union Pacific, and transportation logistics services such as C.H. Robinson Worldwide, Inc. Recent financial statement information for these three companies follows (in thousands): YRC Union Pacific C.H. RobinsonSales $4,832,400 $21,813,000 $13,476,084Average total assets 1,939,800 53,486,000 3,199,348a. Determine the asset turnover for all three companies. Round to one decimal place. b. Assume that the asset turnover for each company represents its respective industry segment. Interpret the differences in the asset turnover in terms of the operating characteristics of each of the respective segments.
Three major segments of the transportation industry are motor carriers, such as Atlantic; railroads, such as Pacific; and transportation arrangement services, such as Mediterranean. Recent financial statement information for these three companies is shown as follows (in thousands of dollars): Atlantic Pacific Mediterranean Sales $3,736,923 $4,993,352 $1,909,372 Average total assets 795,090 1,314,040 561,580 a. Determine the asset turnover for all three companies. Round to one decimal place. Atlantic fill in the blank 1 Pacific fill in the blank 2 Mediterranean fill in the blank 3 b. The ratio of sales to assets measures the number of sales dollars earned for each dollar of assets. The greater the number of sales dollars earned for every dollar of assets, the efficient a firm is in using assets.
Three major transportation segments and a major company within each segment are as follows: Segment Company Railroads Company R, Inc. (CORI) Motor carriers Company M, Inc. (COMI) Transportation Arrangement Company T, Inc. (COTI) Company R Company M Company T Sales $5,070,961 $3,748,940 $3,487,549 Average long-term operating assets 1,370,530 720,950 591,110 a. Determine the asset turnover for all three companies. Round to one decimal place. Company R fill in the blank 1 Company M fill in the blank 2 Company T fill in the blank 3 Do not give solution in image
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. RobinsonWorldwide 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 ????
A corporation is considering the acquisition of one of its parts suppliers and has been reviewing the pertinent financial statements. Specific data, shown below, has been selected from these statements for review and comparison with industry averages. B R W Industry Total sales (millions) $4.27 $3.91 $4.86 $4.30 Net profit margin 9.55% 9.85% 10.05% 9.65% Current ratio 1.32 2.02 1.96 1.95 Return on assets 11.0% 12.6% 11.4% 12.4% Debt/equity ratio 62.5% 44.6% 49.6% 48.3% Financial leverage 1.40 1.02 1.86 1.33 The objective for this acquisition is assuring a steady source of supply from a stable company. Based on the information above, select the strategy that would fulfill the objective. A. The corporation should not acquire any of these firms as none of them represents a good risk. B. Acquire B as both the debt/equity ratio and degree of financial…
Three major segments of the transportation industry are motor carriers such as Atlantic Worldwide, railroads such as Pacific, and transportation logistics services such as Mediterranean. Recent financial statement information for these three companies follows (in thousands): Atlantic Pacific Mediterranean Sales $2,327,940 $899,990 $2,245,320 Average total assets 862,200 1,285,700 534,600 a. Determine the asset turnover for all three companies. Round your answers to two decimal places. Atlantic Pacific Mediterranean b. The ratio of sales to assets measures the number of sales dollars earned for each dollar of assets. The greater the number of sales dollars earned for every dollar of assets, the - efficient a firm is in using assets.
Three major segments of the transportation industry are motor carriers such as Atlantic Worldwide, railroads such as Pacific, and transportation logistics services such as Mediterranean. Recent financial statement information for these three companies follows (in thousands): Atlantic Pacific Mediterranean Sales $1,602,930 $892,080 $2,142,260 Average total assets 763,300 1,274,400 498,200 a. Determine the asset turnover for all three companies. Round your answers to two decimal places. Atlantic fill in the blank 1 Pacific fill in the blank 2 Mediterranean fill in the blank 3
Waterway Company is involved in four separate industries. The following information is available for each of the four industries Operating Segment w X Total Revenue $56,202 9,680 24,225 6,793 $96,900 Operating Profit (Loss) $16,000 2,480 (3,130) 1,150 $16,500 Identifiable Assets $172,434 86,217 20,811 17,838 $297,300 Y Z Determine which of the operating segments are reportable based on the: Reportable Segments (a) Revenue test. (b) Operating profit (loss) test. (c) Identifiable assets test.
Yogi-Tech Ltd is a manufacturer and distributer of computer related products. The company has three segments Computer monitors, Software and Keyboards. Each segment generates its revenue from sales to external customers and from intra-entity sales. Financial information is provided below. Segment Revenue ($) Expenses ($) Assets ($) Monitors 520,000 538,000 1,600,000 Software 724,000 427,000 1,130,000 Keyboards 93,000 190,000 41,000 Required: Discuss with supporting calculations, which segments are reportable operating segment according to AASB 8 Operating Segments. Show key workings to support your answer.
Marin Company is involved in four separate industries. The following information is available for each of the four industries. Operating Segment Total Revenue Operating Profit (Loss) Identifiable Assets W $59,160 $16,780 $155,846 10,190 2,550 77,923 Y 25,500 (3,240) 18,809 Z 7,150 1,210 16,122 $102,000 $17,300 $268,700 Determine which of the operating segments are reportable based on the: a. Revenue test. b. Operating profit (loss) test. C. Identifiable assets test. Reportable Segments
Allocate the corporate costs to each region and calculate the income of each region after assigning corporate costs.