Explain wal-marts ratio relative to the other two companies

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Reference no: EM13900340

The following table shows the revenues and average net fixed assets for a recent fiscal year for three different companies from three different industries: retailing, manufacturing, and communications.

 

Revenues

(in millions)

Average Net

Fixed Assets(in millions)

Wal-Mart

$258,681

$51,686

Alcoa Inc.

21,504

12,333

Comcast Corp.

18,348

18,427

a. For each company, determine the fixed asset turnover ratio. Round to two decimal places.

b. Explain Wal-Mart's ratio relative to the other two companies.

Reference no: EM13900340

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