Three major transportation segments and a major company within each segment are as follows:Segment CompanyMotor carriers YRC Worldwide Inc. (YRCW)Railroads Union Pacific Corporation (UNP)Transportation Arrangement C.H. Robinson Worldwide Inc. (CHRW) YRC WorldwideUnion PacificC.H. RobinsonWorldwideSales$4,832 $21,813 $13,470 Average long-term operating assets1,016 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????

The asset turnover ratio (ATR) compares the value of its net sales revenue (NSR) to the value of a…

Answered: Three major transportation segments and…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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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	????

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