Alyeska Services Company, a division of a major oil company, provides various services to the operators of the North Slo oil field in Alaska. Data concerning the most recent year appear below: Sales Net operating income Average operating assets Required: 1. Compute the margin. Note: Round your answer to 2 decimal places. 2. Compute the turnover. Note: Round your answer to 2 decimal places. 3. Compute the return on investment (ROI). Note: Round your intermediate calculations and final answer to 2 decimal places. 1. Margin 2. Turnover 3. ROI $ 18,500,000 $ 5,800,000 $ 35,000,000 % %
Q: NoNuns Cos. has a 20 percent tax rate and has $305,600,000 in assets, currently financed entirely…
A: Break Even Level of EBIT = Total Assets * Debt ratio * Interest Rate on Debt
Q: Legacy issues $740,000 of 7.5%, four-year bonds dated January 1, 2021, that pay interest…
A: Journal entries provide as the essential building blocks that provide answers to those and other…
Q: Based on the following information, complete the problems listed below on the Osprey Helicopters…
A: Operating income is the remaining profit of a business,after deducting the operating expenses and…
Q: May is a self-employed business owner. She has 3 employees. She offers medical bakery
A: Insurance premium paid by the employers are tax deductible on the income statments of the employers…
Q: Mookie the Beagle Concierge makes a payment on the VISA credit card on 01/31/2023 in the amount of…
A: Credit score card stability is the quantity the cardholder owes the credit score card provider to…
Q: As a result of a slowdown in operations, Tradewind Stores is offering employees who have been…
A: present value of future cash flows is a method of discounting cash that you expect you receive in…
Q: ! Compounded value and present value? im new to accounting math
A: Earl Miller wants to buy a new delivery truck in 6 years. He estimates the truck will cost $30,000.…
Q: Steven Company has fixed costs of $428,856. The unit selling price, variable cost per unit, and…
A: Break even sales is the dollar amount of revenue at which a business earns a profit of zero. This…
Q: Presented below is information related to equipment owned by Novak Company at December 31, 2025.…
A: Asset is defined as any resource or item that assists in attracting income to the owner. Each asset…
Q: Thoughtful Comfort Specialists, Inc. reported the following stockholders' equity on its balance…
A: Shareholder's equity or stock holder's section of the balance sheet shows the total amount which…
Q: A company exchanged land and cash of $4,000 for similar land. The book value and the fair value of…
A: An asset is a monetary resource owned or controlled by an individual, corporation, or country with…
Q: The following information is from Ellerby Company's comparative balance sheets. At December 31…
A: Answer:- Accumulated depreciation meaning:- The sum of all prior depreciations on an asset is…
Q: Beacon Company is considering automating its production facility. The initial investment in…
A: Contribution margin takes into consideration the variable expenses only. While calculating operating…
Q: please take below trial balance information for january 2020, conver it into financial statements.…
A: In case of multiple subparts, we are allowed to solve only the first three subparts. If you want…
Q: Melanie's partially completed Schedule A, Itemized Deductions, is shown below. Given the adjusted…
A: Medical and Dental Expenses: The deductions are allowed for a taxable year on Form 1040. Taxpayers…
Q: This is a transaction for a merchandise business under PERIODIC INVENTORY SYSTEM. Please show the…
A: Periodic inventory system is one of the system used for inventory calculation and valuation. Under…
Q: Financial forecasting—percent of sales) Next year’s sales for Cumberland Mfg. are expected to be…
A: Forecast of sales in percent can be obtained as follows :- Particulars…
Q: The following items were selected from among the transactions completed by Sherwood Co. during the…
A: Journal Entries - Journal Entries are used to record transactions entered into by the company. It is…
Q: Global Marine obtained a charter from the state in January that authorized 1,000,000 shares of…
A: Treasury stock: Shares that are bought back by the company from the open market but not retired from…
Q: On March 21, 2025, the bond accounts of Nolen Services showed the following balances: Bonds Payable…
A: Lets understand the basics. When entity retires a bond early then there is possibility of gain or…
Q: The records of Fremont Corporation’s initial and unaudited accounts show the following ending…
A: In production cost report,equivalent units need to be calculated for each head separately: material,…
Q: Legacy issues $740,000 of 7.5%, four-year bonds dated January 1, 2021, that pay interest…
A: Bonds are issued by governments and corporations when they want to raise money. By buying a bond,…
Q: Ace Architects employs two architects, each having a different area of specialization. Caitlin…
A: Lets understand the basics. Predetermine overhead is required to calculate to allocate cost to the…
Q: Prepare journal entries for the following credit card sales transactions (the company uses the…
A: The journal entries are prepared to keep the record of day to day transactions of the business on…
Q: a. Determine the amount of desired profit from the production and sale of 800 hane b. Determine the…
A: Product cost method of product pricing refers to pricing of product by considering its total product…
Q: The Thai Noodle, a local Thai restaurant, expects sales to be $220,000 in January. Its average…
A: Number of customer transactions paid for using credit cards = Total sales revenue expected to be…
Q: How does the absentee/annual salaries ratio compare to the U.S. plant? Based on the data you have…
A: The cost of absentees means the losses faced by the company due to the absent of the employees from…
Q: Janice and Paul file a joint tax return for 2022. They pay the following nonbusiness taxes in 2022:…
A: All taxes paid to state government and other state taxes and also any kind of taxes paid can be…
Q: 6. Suppose that the company’s minimum required rate of return on operating assets is 13% and that…
A: 6a. $1,786,200 6.b. $554,615 6.c. $2,304,815
Q: Williams Company disposes of a $500,000 bond it has invested in a maturity. Assuming all interest…
A: The appropriate journal entry on disposal is: Debit - Cash - $500,000 Credit- Held-to-maturity Debt…
Q: On January 1, 2025, Jefferson Accounting Services issued $60,000 of 7% bonds that mature in five…
A: The journal entry is the primary step to record the transaction in the books of accounts. Interest…
Q: Dexter Construction Corporation is building a student condominium complex; it started construction…
A: The given question is asked to compute Dexter's capitalized interest on the student condominium…
Q: Umberg Company started the year with $119,200 cash and reported net cash provided by operating…
A: A cash flow statement is a type of financial statement that gives total information about all cash…
Q: On January 2, Dixie, Incorporated, pays a salvage company $1,000 to haul away a machine costing…
A: Journal Entry: Journal entry is the act of keeping records of transactions in an accounting journal.…
Q: I tried the following: Income from continuing Operations before taxes: 330,800 Income Tax…
A: Income from Continuing Operation - Income from Continuing Operations includes those operations of…
Q: Problem 1-Tax on interest income Lebron James, an American basketball player received P500,000…
A: The interest received from the banks is subjected to the taxes and that is considered as income and…
Q: Which statement is correct with respect to filing an S election? a. Form 2553 must be filed.…
A: Election refers to the voting by the members of the company for opting an option from various…
Q: help me answer 12 13 14 only with full solution
A: Introduction: Under the direct method of allocation of costs, cost of service departments are…
Q: When bonds are retired at maturity, the entry to retire the bonds may include a gain or loss on…
A: Option 2 is the appropriate choice.
Q: Which, if any, of the following can be eligible shareholders of an S corporation? a. A Roth…
A: An S Corporation is a special type of corporation which is established for the purpose of federal…
Q: Required Information [The following information applies to the questions displayed below.] Jon-Jan…
A: The given question is asked to compute the value or amount which is recorded on November 1, 20x8.…
Q: Blue Ridge Marketing Inc. manufactures two products, A and B. Presently, the company uses a single…
A: Lets understand the basics. Single plantwide rate is as name suggest a single rate to overhead cost…
Q: M36. Austin became a California resident on June 1, 2021. He earned the following income during…
A: The correct solution is $50,000
Q: Clearwater Co. reported sales revenue of $4,625 in its income statement for the year ended December…
A: Bad debts expense: Bad debts expense is recognized in the books of the company when a debtor is…
Q: Inventory will decrease by P200,000. The annual inventory carrying cost is 10% of inventory value.…
A: INTRODUCTION The Contribution margin is calculated by reducing the variable cost from the sales…
Q: Flint Tooling Company is considering replacing a machine that has been used in its factory for two…
A: Replacement Decisions are concerned with taking a decision as to a particular asset should be…
Q: A business uses delivery trucks and is considering purchasing model A or model Model A costs…
A: Equivalent annual annuity approach 1. The equivalent annual annuity approach is one of two methods…
Q: Which of the following is NOT a true statement about the statement of cash flows? a. It shows how…
A: Cash flow statement A cash flow statement is an important tool for managing…
Q: What is the importance of Forensic Accounting and Fraud Detection? Please give as much information…
A: Forensic Accounting : The integration of accounting, auditing and investigative skills yields…
Q: Why is it important to verify if the activity on the trial balance equals the activity per the…
A: The activity in the trial balance means the accounts listed on the both side of trial…
dont give answer in image format
Step by step
Solved in 2 steps
- 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 $ 17,800,000 Net operating income $ 4,600,000 Average operating assets $ 35,300,000 Required: 1. Compute the margin. (Round your answer to 2 decimal places.) 2. Compute the turnover. (Round your answer to 2 decimal places.) 3. Compute the return on investment (ROI). (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 oll field in Alaska. Data concerning the most recent year appear below; Sales Net operating income Average operating assets Required: 1. Compute the margin for Alyeska Services Company. (Round your answer to 2 decimal places.) 2. Compute the turnover for Alyeska Services Company. (Round your answer to 2 decimal places.) 3. Compute the return on investment (ROI) for Alyeska Services Company. (Round your intermediate calculations and final answer to 2 decimal places.) 1. Margin 2. Turnover 3. ROI $ 18,500,000 $6,400,000 $36,800,000 % %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: $ 18,100,000 $ 5,500,000 $ 35,600,000 Sales Net operating income Average operating assets Required: 1. Compute the margin. (Round your answer to 2 decimal places.) 2. Compute the turnover. (Round your answer to 2 decimal places.) 3. Compute the return on investment (ROI). (Round your intermediate calculations and final answer to 2 decimal places.) 1. Margin 2. Turnover 3. ROI %
- Alyeska Services Company, a division of a major oil company, provides various services to the operators of the North Slope Alaska. Data concerning the most recent year appear below: Sales Net operating income Average operating assets $ 18,500,000 $ 4,800,000 $ 35,200,000 Required: 1. Compute the margin. (Round your answer to 2 decimal places.) 2. Compute the turnover. (Round your answer to 2 decimal places.) 3. Compute the return on investment (ROI). (Round your intermediate calculations and final answer to 2 decimal places.) 1. Margin % 2. Turnover 3. ROIAlyeska 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 Net operating income Average operating assets Required: $ 19,000,000 $ 5,600,000 $ 35,900,000 1. Compute the margin for Alyeska Services Company. (Round your answer to 2 decimal places.) 2. Compute the turnover for Alyeska Services Company. (Round your answer to 2 decimal places.) 3. Compute the return on investment (ROI) for Alyeska Services Company. (Round your intermediate calculations and final answer to 2 decimal places.) 1. Margin 2. Turnover 3. ROI % %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 $ 17,200,000 Net operating income $ 5,600,000 Average operating assets $ 36,300,000 Required: 1. Compute the margin for Alyeska Services Company. (Round your answer to 2 decimal places.) 2. Compute the turnover for Alyeska Services Company. (Round your answer to 2 decimal places.) 3. Compute the return on investment (ROI) for Alyeska Services Company. (Round your intermediate calculations and final answer to 2 decimal places.) 1. Margin not attempted % 2. Turnover not attempted 3. ROI not attempted %
- 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 $ 17,700,000 Net operating income $ 5,200,000 Average operating assets $ 36,400,000 Required: 1. Compute the margin for Alyeska Services Company. (Round your answer to 2 decimal places.) 2. Compute the turnover for Alyeska Services Company. (Round your answer to 2 decimal places.) 3. Compute the return on investment (ROI) for Alyeska Services Company. (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 $ 17,100,000 Net operating income $ 6,100,000 Average operating assets $ 35,000,000 Required: 1. Compute the margin for Alyeska Services Company. (Round your answer to 2 decimal places.) 2. Compute the turnover for Alyeska Services Company. (Round your answer to 2 decimal places.) 3. Compute the return on investment (ROI) for Alyeska Services Company. (Round your intermediate calculations and final answer to 2 decimal places.) 1- Margin % 2- Turover 3- ROI %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 $ 17,200,000 Net operating income $ 5,600,000 Average operating assets $ 36,300,000 Required: 2. Compute the turnover for Alyeska Services Company. (Round your answer to 2 decimal places.) Answer is complete but not entirely correct. 1. Margin 32.56selected answer correct % 2. Turnover 47.39 selected answer incorrect 3. ROI 15.43selected answer correct %
- 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 Net operating income Average operating assets $ 17,480, e00 $ 5, 200, e0e $ 35, 300, e0e Requlred: 1. Compute the margin for Alyeska Services Company. (Round your answer to 2 declmal places.) 2 Compute the turnover for Alyeska Services Company. (Round your answer to 2 decimal places.) 3. Compute the return on investment (ROI) for Alyeska Services Company. (Round your Intermedlate calculatlons and final answer to 2 decimal places.) 1. Margin 2. Turnover 3. ROIDeere Company (DE) manufactures and distributes farm and construction machinery that it sells around the world. In addition to its manufacturing operations, Deeres credit division loans money to customers to finance the purchase of their farm and construction equipment. The following information is available for three recent years (in millions except per-share amounts): 1. Calculate the following ratios for each year. Round ratios and percentages to one decimal place, except for per-share amounts, which should be rounded to the nearest cent. a. Return on total assets b. Return on stockholders' equity c. Earnings per share d. Dividend yield e. Price-earnings ratio 2. Based on these data, evaluate Deeres profitability.