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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.)

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.)

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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plz answer both problems. thanks

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 $ 18,800,000 $ 5,100,000 $ 36,900,00e 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 oil field in Alaska. Data concerning the most recent year appear below: Sales Net operating income Average operating assets $ 18,800,000 $ 5,100,000 $ 36,900,00e 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 %
Juniper Design Limited of Manchester, England, provides design servicesto residential developers. Last year, the company had net operating income of $440,000 on sales of $1,900,000. The company's average operating assets for the year were $2,100,000 and its minimum required rate of return was 15%. Required: Compute the company's residual income for the year. Residual income
Transcribed Image Text:Juniper Design Limited of Manchester, England, provides design servicesto residential developers. Last year, the company had net operating income of $440,000 on sales of $1,900,000. The company's average operating assets for the year were $2,100,000 and its minimum required rate of return was 15%. Required: Compute the company's residual income for the year. Residual income
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