Asset Turnover

Three major segments of the transportation industry are motor carriers such as YRC Worldwide, railroads such as Union Pacific, and transportation logistics services such as C.H. Robinson Worldwide, Inc. Recent financial statement information for these three companies follows (in thousands):

	YRC		Union Pacific		C.H. Robinson
Sales	$5,092,000		$22,832,000		$16,631,172
Average total assets	1,601,300		58,476,500		4,331,623

a. Determine the asset turnover for all three companies. Round your answers to one decimal place.

YRC	fill in the blank 1
Union Pacific	fill in the blank 2
C.H. Robinson	fill in the blank 3

b. The ratio of sales to assets measures the number of sales dollars earned for each dollar of assets. The greater the number of sales dollars earned for every dollar of assets, the efficient a firm is in using assets.