Alyeska Services Company, a division of a major oil company, provides various se
ID: 2520096 • 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 Net operating income Average operating assets $17,400,000 $ 5,800,000 $35,600,000 Required: 1. Compute the margin for Alyeska Services Company. (Round your answer to 2 decimal places.) Margin 2. Compute the turnover for Alyeska Services Company. (Round your answer to 2 decimal places.) Turnover 3. Compute the return on investment (ROl) for Alyeska Services Company. (Round your intermediate calculations and final answer to 2 decimal places.) ROIExplanation / Answer
Dear Student Thank you for using Chegg Please find below the answer Statementshowing Computations Paticulars Amount Net Operating Income 5,800,000.00 Sales 17,400,000.00 Margin =5.8m/17.4m 33.33% 2) Turnover = 17.4m/35.6M 0.49 3) Return on Investment = 5.8m/35.6m 16.29% Or ROI = .49*33.33% 16.29%
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