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The 2016 Financial Statements for BNSF Railway Report the Following

Question 47

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The 2016 financial statements for BNSF Railway report the following information:
The 2016 financial statements for BNSF Railway report the following information:      a. Compute the common-size amount for property and equipment, net for 2016. Does this ratio seem high or low to you? Explain. b. Compute property, plant and equipment turnover for 2016. Interpret the ratio.
a. Compute the common-size amount for property and equipment, net for 2016. Does this ratio seem high or low to you? Explain.
b. Compute property, plant and equipment turnover for 2016. Interpret the ratio.

Correct Answer:

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a. $61,250/ $84,122= 72.8%
The ratio is ...

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