CSX Corporation (CSX) and Union Pacific Corporation (UNP) are major railroads, operating primarily in the eastern and western portions of the United States, respectively. YRC Worldwide Inc. (YRCW) is one of the largest trucking companies in the United States. The sales and total assets (in millions) for a recent year for each company are as follows:

a. Compute the asset turnover ratio for each company.
b. Which of the two railroad companies is more efficient in generating revenues from its assets?
c. How does YRC’s asset turnover ratio compare to the two railroads? Why?

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Total sales Total assets: Beginning of year End of year CSX $11,937 36,729 38,257 Union Pacific $21,708 59,147 61,673 YRC $4,871 1,617 1,832