Answer:
The assets turnover for the three companies are as follows:
YRC Worldwide Union 1.54
Pacific C.H. 0.40
Robinson Worldwide Inc 4.84
Asset turnover implies how much sales generated by an organization from $1 of asset deployed to the business.
Judging from the above,Robinson Worldwide Inc was the most effective in using its assets to generate sales.It generated $4.84 in sales for every $1 of asset used.
Explanation:
YRC Worldwide Union Pacific C.H. Robinson Worldwide Inc
Asset turnover=net sales/average total assets
Sales 4,334,640.00 16,965,000.00 9,274,305.00
Average Total Assets 2,812,504.00 42,636,000.00 1,914,974.00
Asset turnover=net sales/average total assets
1.54 0.40 4.84
