The following table shows the revenues and average net fixed assets for a recent fiscal year for three different companies from three different industries: retailing, manufacturing, and communications.

a. For each company, determine the fixed asset turnover ratio. Round to two decimal places.
b. Explain Wal-Mart's ratio relative to the other twocompanies.

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Revenues (in millions) $258,681 21,504 18,348 Average Net Fixed Assets (in millions) $51,686 12,333 18,427 Wal-Mart Alcoa Inc. Comcast Corp.