the North Slope oil field in Alaska. Data concerning the most recent year appear

Question

the North Slope oil field in Alaska. Data concerning the most recent year appear below: Sales Net operating income Average operating assets $18,000,000 $ 5,000,000 $35,800,000 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.) Turnover 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).) ROl

Explanation / Answer

1.Margin=net operating income/Sales

=(5,000,000/18,000,000)=27.78%(Approx)

2.Turnover=Sales/Average operating assets

=(18,000,000/35,800,000)=0.50(Approx).

3.ROI=net operating income/Average operating assets

=(5,000,000/35,800,000)=13.97%(Approx).

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