Exercise 11-1 (Algo) Compute the Return on Investment (ROI) [LO11-1] lyeska Services Company, a division of a major oil company, provides various services to the operators of the North Slope oil t Maska Data concerning the most recent year appear below Sales Net operating income Average operating assets i $ 17,300,000 $ 6,300,000 $ 36,000,000 required: Compute the margin (Round your answer to 2 decimal places.) Compute the turnover. (Round your answer to 2 decimal places.) Compute the return on investment (ROI) (Round your intermediate calculations and final answer to 2 decimal places.) Margin Tumover

Managerial Accounting: The Cornerstone of Business Decision-Making
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Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter11: Performance Evaluation And Decentralization
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Problem 27E: Margin, Turnover, Return on Investment, Average Operating Assets Elway Company provided the...
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Exercise 11-1 (Algo) Compute the Return on Investment (ROI) [LO11-1]
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
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 Tumover
3. ROI
%
$ 17,300,000
$ 6,300,000
$ 36,000,000
%
Transcribed Image Text:Exercise 11-1 (Algo) Compute the Return on Investment (ROI) [LO11-1] 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 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 Tumover 3. ROI % $ 17,300,000 $ 6,300,000 $ 36,000,000 %
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