Huebert Corporation and Winslow Corporation reported the following information:

Question

Huebert Corporation and Winslow Corporation reported the following information:

Calculate each companies fixes-asset turnover ratio and determine which company utilizes its fixed assets most efficiently to generate sales. (Round your answers to two decimal places.)

Huebert Corporation and Winslow Corporation reported the following information:

($ in millions) Huebert Winslow 2018 2017 2018 2017 Property, plant, and equipment (net) $ 440 $ 460 $ 930 $ 920 Net sales—2018 $ 3,780 $ 6,930

Calculate each companies fixes-asset turnover ratio and determine which company utilizes its fixed assets most efficiently to generate sales. (Round your answers to two decimal places.)

Huebert Winslow Fixed-asset turnover ratio Most efficient at using fixed assets to generate sales:

Explanation / Answer

Fixed assets turnover ratio:

Mosr efficient at using fixed assets to generate sales is huebert corporation

Huebert winslow Fixed assets turnover ratio 3780/450 = 8.40 6930/925 = 7.49

Related Questions

Navigate

• Browse (All)
• Browse H
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.