Three major transportation segments and a major company within each segment are as follows: Segment .............................................................Company Motor

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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)

C.H. Robinson YRC Worldwide Union Pacific Worldwide Sales $4,891 $21,240 $14,869 Average long-term operating assets 842 50,997 2,316

a. Determine the asset turnover for all three companies. Round to two decimal places.

b. Interpret the differences in the asset turnover in terms of the operating characteristics of each of the respective segments.

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Survey Of Accounting

ISBN: 9780357132593

9th Edition

Authors: Carl S. Warren, Amanda Farmer

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