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Fixed set turnover FedEx Corporation and United Parcel Service, Inc. compete with package delivery business. The major assets for each include stinger noties, every vehics,

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Fixed set turnover FedEx Corporation and United Parcel Service, Inc. compete with package delivery business. The major assets for each include stinger noties, every vehics, and information technology. The sales and average book value of foedases reported on recent financial statement for sth.com FedEx UPS Sales in millions $67,453 558.363 Average book value of foxed assets (in 20,20 18,317 mis) a. Compute the face witturaverat for each company. Round to one decal bloot Pixed Asset Turnover Rat Yel UPS b. Which company does more then insino fest The food server is a measure of how efficiently serted from underlying feed it. sing a no Fixed asset turnover ratio FedEx Corporation and United Parcel Service, Inc. compete in the package delivery business. The major foes for each business include wrat, sorting and handling facilities, delivery vehides, and information technology. The sales and average book value of fesses reported on recent financial statements for each company was follow Fedex UPS Sales (in millions) 47,453 $58,363 Average book value of 20,213 16,317 millions) a. Compute the naturnover rate for each company. Round to one decimal place Fixed Asset Turnover Ratio UPS th. Which company appears more efficient in using fed assets! c. The food wer tomover is a measure of how efficiently is generated from underlying for assets Fored sets making a more efficient use of its

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