Alyeska Services Company, a division of a major oil company, provides various services to the operators of the North Slope oil field in Alaska. Data concerning the most recent year appear below: Sales $ 17,900,000 Net operating income $ 5,200,000 Average operating assets $ 35,400,000 Required: Compute the margin. Note: Round your answer to 2 decimal places. Compute the turnover. Note: Round your answer to 2 decimal places. Compute the return on investment (ROI). Note: Round your intermediate calculations and final answer to 2 decimal places.
Alyeska Services Company, a division of a major oil company, provides various services to the operators of the North Slope oil field in Alaska. Data concerning the most recent year appear below: Sales $ 17,900,000 Net operating income $ 5,200,000 Average operating assets $ 35,400,000 Required: Compute the margin. Note: Round your answer to 2 decimal places. Compute the turnover. Note: Round your answer to 2 decimal places. Compute the return on investment (ROI). Note: Round your intermediate calculations and final answer to 2 decimal places.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Alyeska Services Company, a division of a major oil company, provides various services to the operators of the North Slope oil field in Alaska. Data concerning the most recent year appear below:
| Sales | $ 17,900,000 |
|---|---|
| Net operating income | $ 5,200,000 |
| Average operating assets | $ 35,400,000 |
Required:
-
Compute the margin.
Note: Round your answer to 2 decimal places.
-
Compute the turnover.
Note: Round your answer to 2 decimal places.
-
Compute the
return on investment (ROI).Note: Round your intermediate calculations and final answer to 2 decimal places.
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