The 2013 financial statements for BNSF Railway report the following information: Year ended December 31, 2013...

 

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The 2013 financial statements for BNSF Railway report the following information: Year ended December 31, 2013 2012 (In millions) Revenues $22,014 $20,835 Property and equipment, net 52,363 50,070 Total assets 75,030 72.014 4 pts a. Compute common-sized property and equipment, net for 2013. Does this ratio seem high or low to you? Explain b. Compute property, plant and equipment turnover for 2013. Interpret the ratio. Edit Format Table The 2013 financial statements for BNSF Railway report the following information: Year ended December 31, 2013 2012 (In millions) Revenues $22,014 $20,835 Property and equipment, net 52,363 50,070 Total assets 75,030 72.014 4 pts a. Compute common-sized property and equipment, net for 2013. Does this ratio seem high or low to you? Explain b. Compute property, plant and equipment turnover for 2013. Interpret the ratio. Edit Format Table