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Three major segments of the transportation industry are motor carriers, such as YRC Worldwide (YRCW); railroads, such as Union Pacific (UNP); and transportation logistics
Three major segments of the transportation industry are motor carriers, such as YRC Worldwide (YRCW); railroads, such as Union Pacific (UNP); and transportation logistics services, such as C.H. Robinson Worldwide, Inc. (CHRW). Financial statement information for these three companies follows (in thousands): Sales Average total assets YRC $4,871,200 3,448,700 Union Pacific C.H. Robinson $21,708,000 60,410,000 $15,309,508 4,534,236 a. Determine the asset turnover for all three companies. Round your answers to one decimal place. YRC Worldwide Union Pacific C.H. Robinson Worldwide 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.
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