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 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 $ 6,200,000 $ 35,200,000 % %
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 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 $ 6,200,000 $ 35,200,000 % %
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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