Three major segments of the transportation industry are motor carriers, such as Yellow Corp.; railroads, such as Union Pacific Corp.; and transportation arrangement services, such as C.H. Robinson Worldwide. Recent financial statement information for these three companies is shown as follows (in thousands of dollars):

a. Determine the ratio of net sales to assets for all three companies. Round to two digits after the decimal place.
b. Assume that the ratio of net sales to assets for each company represents their respective industry segment. Interpret the differences in the ratio of net sales to assets in terms of the operating characteristics of each of the respectivesegments.

Transcribed Image Text:

C.H. Robinson Worldwide Yellow Union Pacific S3,090,072 Net sales Average total assets 3276,651 $11,973,000 31,551,000 1,285,777 683,490