lyeska 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.)
lyeska 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.)
Chapter12: Balanced Scorecard And Other Performance Measures
Section: Chapter Questions
Problem 6EA: During the current year, Sokowski Manufacturing earned income of $350,000 from total sales of...
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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
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