Three major segments of the transportation industry are motor carriers (YRC Worldwide), railroads (Union Pacific), and transportation
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Three major segments of the transportation industry are motor carriers (YRC Worldwide), railroads (Union Pacific), and transportation arrangement services (C.H. Robinson Worldwide Inc.). Recent financial statement information for these three companies is shown as follows (in millions of dollars):
a. Determine the ratio of net sales to assets for all three companies. Round to one decimal place.
b. Assume that the ratio of net sales to assets for each company represents that company’s respective industry segment. Interpret the differences in the ratio of net sales to assets in terms of the operating characteristics of each of the respectivesegments.
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