Alyeska Services Company, a division of a major oil company, provides various services to the operators of the North Slop 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. ROI

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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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. ROI
Transcribed Image Text: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. ROI
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