Alyeska Services Company, a division of a major oil company, provides various se
ID: 2476665 • Letter: A
Question
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 $ 18,700,000
Net operating income $ 4,600,000
Average operating assets $ 36,600,000
Compute the margin for Alyeska Services Company. (Round your percentage answer to 2 decimal places (i.e., 0.1234 should be entered as 12.34).)
Compute the turnover for Alyeska Services Company. (Round your answer to 2 decimal places.)
Compute the return on investment (ROI) for Alyeska Services Company. (Round your intermediate calculations to 2 decimal places. Round your percentage answer to 2 decimal places (i.e., 0.1234 should be entered as 12.34).)
Required: 1.Compute the margin for Alyeska Services Company. (Round your percentage answer to 2 decimal places (i.e., 0.1234 should be entered as 12.34).)
2.Compute the turnover for Alyeska Services Company. (Round your answer to 2 decimal places.)
3.Compute the return on investment (ROI) for Alyeska Services Company. (Round your intermediate calculations to 2 decimal places. Round your percentage answer to 2 decimal places (i.e., 0.1234 should be entered as 12.34).)
Explanation / Answer
Turnover= Sales $ 18,700,000 Margin= Net operating income $ 4,600,000 ROI (4600000/36600000)= 12.57%
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