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. Turnover 3. ROI $ 18,200,000 $ 6,200,000 $ 35,400,000 34.07 % 34.07 17.51 % Check my work
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. Turnover 3. ROI $ 18,200,000 $ 6,200,000 $ 35,400,000 34.07 % 34.07 17.51 % Check my work
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Vishanu
Transcribed Image Text: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. Turnover
3. ROI
$ 18,200,000
$ 6,200,000
$ 35,400,000
34.07 %
34.07
17.51 %
Check my work
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