Three major segments of the transportation industry are motor carriers, such as YRC Worldwide;...

Question

Three major segments of the transportation industry are motor ca
iers, such as YRC
worldwide; railroads, such as Union Pacific; and transportation a
angement services,
such as C.H. Robinson Worldwide Inc. Recent financial statement information for these
three companies is shown as follows (in thousands 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 their respective
industry segment. Interpret the differences in the ratio of net sales to assets in terms of the
operating...

David · Accepted Answer

Three major segments of the transportation industry are motor carriers, such as YRC 
worldwide; railroads, such as Union Pacific; and transportation arrangement services, 
such as C.H. Robinson Worldwide Inc. Recent financial statement information for these 
three companies is shown as follows (in thousands 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 their respective 
industry segment.

Three major segments of the transportation industry are motor carriers, such as YRC Worldwide; railroads, such as Union Pacific; and transportation arrangement services, such as C.H. Robinson...

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