Asset turnover United Continental Holdings, Inc., (UAL), operates passenger service throughout the world. The following data (in millions) were adapted from a recent financial statement of United. Sales (revenue)   $38,901 Average property, plant, and equipment   17,219 Average intangible assets   8,883   1.  Compute the asset turnover. Round your answer to two decimal places. fill in the blank 1 2.  If Delta, has a recent asset turnover of 1.11, United Continental Holdings, Inc. is generating __________ more sales per average dollar of invested long-term operating assets than Delta. (Options: $1.49, $1.73. $1,995, $0.38)

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Asset turnover

United Continental Holdings, Inc., (UAL), operates passenger service throughout the world. The following data (in millions) were adapted from a recent financial statement of United.

Sales (revenue)   $38,901
Average property, plant, and equipment   17,219
Average intangible assets   8,883

 

1.  Compute the asset turnover. Round your answer to two decimal places.
fill in the blank 1

2.  If Delta, has a recent asset turnover of 1.11, United Continental Holdings, Inc. is generating __________ more sales per average dollar of invested long-term operating assets than Delta. (Options: $1.49, $1.73. $1,995, $0.38)

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