Alyeska Services Company, a division of a major oil company, provides various se

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:

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 $18,500,000 $5,600,000 $35,600,000 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).) Margin 2. Compute the turnover for Alyeska Services Company. (Round your answer to 2 decimal places.) urnover 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).) ROI

Explanation / Answer

Margin=Net operating income/Sales

=(5,600,000/18,500,000)=30.27%

Turnover=Sales/Average operating assets

=(18,500,000/35,600,000)=0.52(Approx)

ROI=Net operating income/Average operating assets

=(5,600,000/35,600,000)=15.73%(Approx).

Related Questions

Navigate

• Browse (All)
• Browse A
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.