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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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The Sanding Department of Quik Furniture Company has the following production and manufacturing cost data for March 2020, the fi
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Answer:

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              Production cost report - Sanding department

                         Month ended on March 31, 2020

Units                           Physical units                   Equivalent units

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Units started                    9,240

<u>in production                                                                                              </u>

Completed and               6,240

transferred out

<u>Work in progress                                       3,000                          600      </u>

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accounted for

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Beginning WIP                              $0                     $0                     $0

Costs added during                  $36,960           $51,642            $88,602

<u>period                                                                                                           </u>

Total costs                                 $36,960           $51,642            $88,602  

Cost per unit                                  $4                  $7.55                 $11.55

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