Question: The following table shows the sales and average book value of fixed assets for three different companies from three different industries for a recent year:

The following table shows the sales and average book value of fixed assets for three different companies from three different industries for a recent year:

A. For each company, determine the fixed asset turnover ratio. (Round to one decimal place.)
B. Explain Comcast's fixed asset turnover ratio relative to the other two companies.

Average Book Sales in Value of Fixed millions) Assets (in millions) Company (Industry) Comcast Corporation (communications) Google Inc. (Internet) Walmart Stores, Inc. (retail) 64,657 $28,536 4,189 117,294 59,825 474,259

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