Asset Turnover Three major segments of the transportation industry are motor carriers, such as YRC Worldwide; railroads, such as Union Pacific; and transportation logistics services, such as C. H. Robinson Worldwide, Inc. Recent financial statement information for these three companies is shown as follows (in thousands of dollars): YRC Worldwide Union Pacific C. H. Robinson Worldwide Inc. Sales $4,334,640 $16,965,000 $9,274,305 Average total assets 2,812,504 42,636,000 1,914,974 a. Determine the asset turnover for all three companies. Round to one decimal place. YRC Worldwide Union Pacific C. H. Robinson Worldwide b. The ratio of sales to assets measures the number of sales dollars earned for each dollar of assets. The greater the number of sales dollars earned for every dollar of assets, the efficient a firm is in using assets

When making broccoli cream soup, the broccoli and aromatics should be a. burned. b. simmered. c. puréed. d. sweated.

Reynolds corp. factors $400,000 of accounts receivable with mateer finance corporation on a without recourse basis on july 1, 2015. the receivables records are transferred to mateer finance, which will receive the collections. mateer finance assesses a finance charge of 1 ½ percent of the amount of accounts receivable and retains an amount equal to 4% of accounts receivable to cover sales discounts, returns, and allowances. the transaction is to be recorded as a sale.required: a. prepare the journal entry on july 1, 2015, for reynolds corp. to record the sale of receivables without recourse.b. prepare the journal entry on july 1, 2015, for mateer finance corporation to record the purchase of receivables without recourse— think through this.c. explain the difference between sale of receivables with recourse as oppose to without recourse.

An emerging methodology to integrate the effort of the development team and the operations team to improve the functionality and security of applications is known as