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cestrela7 [59]
3 years ago
5

Three major segments of the transportation industry are motor carriers, such as YRC Worldwide (YRCW); railroads, such as Union P

acific (UNP); and transportation logistics services, such as C.H. Robinson Worldwide, Inc. (CHRW). Financial statement information for these three companies follows (in thousands):
YRC Union Pacific C.H. Robinson
Sales $4,697,500 $19,941,000 $13,144,413
Average total assets 1,824,700 55,159,000 3,436,058
Determine the asset turnover for all three companies.
Business
1 answer:
erma4kov [3.2K]3 years ago
4 0

Answer and Explanation:

The computation of the asset turnover for all three companies is as follows:

<u>Particulars        YRC            UNP                CH </u>

Sales                4697500    19941000          13144413

Divided by

Average

total assets     1824700       55159000          3436058

Assets turnover  2.6                0.4                    3.8

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Without a strong legal systems in a market economy:
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Answer:

<u>A) private-sector entrepreneurs can expropriate the profits generated by the efforts of private and public entities.</u>

Explanation:

  • As there exist four basic structures of the market economy in the form of perfect competition, imperfect competition, oligopoly, and monopoly.  
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4 years ago
Thomlin Company forecasts that total overhead for the current year will be $11,742,000 with 164,000 total machine hours. Year to
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Answer:

d.$72 per machine hour

Explanation:

Predetermined overhead rate = Budgeted Overheads ÷ Budgeted Activity

therefore,

Predetermined overhead rate = $11,742,000  ÷ 164,000

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3 0
3 years ago
Whats the estimate sum for 3/56+8/9
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You can make 9 into a fraction with the denominator of 56.

8/9= 48/56 (multiply both by 6)

Just add three to the numerator. We can round 48 to 50, so:

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I hope this helps!
~kaikers
4 0
4 years ago
You are given the following long-run annual rates of return for alternative investment instruments: U.S. Government T-bills 3.10
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Answer:

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Explanation:

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                     = 1.0107 - 1

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The Government T-bills is only the nominal rate so we considered this only

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