1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
a_sh-v [17]
3 years ago
6

Alyeska Services Company, a division of a major oil company, provides various services to the operators of the North Slope oil f

ield in Alaska. Data concerning the most recent year appear below: Sales $ 17,900,000 Net operating income $ 4,900,000 Average operating assets $ 36,200,000 Required: 1. Compute the margin for Alyeska Services Company. (Round your answer to 2 decimal places.) 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 and final answer to 2 decimal places.)
Business
1 answer:
Nady [450]3 years ago
7 0

Answer:

1. The margin for Alyeska Services Company: 27.37%

2. The turnover for Alyeska Services Company= 49.45%

3. The return on investment (ROI) for Alyeska Services Company = 13.54%

Explanation:

Please find the below for detailed explanations and calculations:

1. The margin for Alyeska Services Company = Net operating income / Sales = 4,900,000/17,900,000 = 27,37%;

2. The turnover for Alyeska Services Company= Sales / Average operating income = 17,900,000/36,200,000 =  49.45%;

3. The return on investment (ROI) for Alyeska Services Company = Net operating income/Average operating income= 4,900,000/36,200,000=  13.54%

You might be interested in
The Werner Corporation uses the weighted-average method in its process costing system. The company recorded 24,400 equivalent un
olga_2 [115]

Answer:

21,000 units

Explanation:

The computation of the number of units started during November in the department is shown below:-

Number of units started during November in the department = units completed and transferred out + units in the ending work in process inventory - units in the Beginning work in process inventory

= 22,000 + 4,000 - 5,000

= 21,000 units

Therefore we have applied the above formula.

4 0
3 years ago
A company purchased a piece of equipment for $350,000 in 2008. As of 12/31/2015, $215,000 of depreciation expense had been recog
zhuklara [117]

Answer:

The equipment's net book value on 12/31/2015 is $ 135000.

Explanation:

Net book value of the equipment on 12/31/2015 is given by:

Net book value = cost of the equipment - depreciation expense recognized until 12/31/2015

                          = $ 350000 - $ 215000

                          = $ 135000

Therefore, the equipment's net book value on 12/31/2015 is $ 135000.

7 0
3 years ago
A jewelry store promises to deliver custom-made wedding rings to a buyer within 2 weeks. However, it charges ten percent of the
Serggg [28]

Answer:

The correct answer is letter "B": It is taking deposits and progress payments.

Explanation:

Advance deposits and progress payments are the amount of money taken by an organization as part of the total amount charged for a good or service that is going to be provided. It is a form of endorsement that proves the buyer has a real intention in acquiring the good or service but also helps the organization to have immediate cash flow to pay for expenses such as the raw material that will be used for production (in the case of a good).

8 0
3 years ago
Your company buys a car, and its value goes down over time. What is that process called?
kozerog [31]
The correct answer would be B. Depreciation
4 0
3 years ago
Read 2 more answers
Assume that you contribute $300 per month to a retirement plan for 25 years. Then you are able to increase the contribution to $
dmitriy555 [2]

Answer:

Total FV= $2,555,406.98

Explanation:

Giving the following information:

Investment 1:

Monthly deposit= $300

Number of months= 12*45= 540

Interest rate= 0.09/21= 0.0075

Investment 2:

Monthly deposit= $500

Number of months= 12*20= 240

Interest rate= 0.09/21= 0.0075

To calculate the future value, we need to use the following formula on each investment. <u>I separated into two to simplify calculations.</u>

FV= {A*[(1+i)^n-1]}/i

A= monthly deposit

<u>Investment 1:</u>

FV= {300*[(1.0075^540) - 1]} / 0.0075

FV= $2,221,463.54

<u>Investment 2:</u>

FV= {500*[(1.0075^240) - 1]} / 0.0075

FV= $333,943.44

Total FV= $2,555,406.98

7 0
3 years ago
Other questions:
  • Sophie made pies and sold them from her food truck to local businesses. This is an example of a(n) Group of answer choices simpl
    15·1 answer
  • Start a conversation with me and you get points plus brainliest
    8·2 answers
  • Tom is talking to his friend Bob, who has an interest in Freedom, LLC, about purchasing his LLC interest. Bob's outside basis in
    7·1 answer
  • If consumers view cappuccinos and lattés as substitutes, what would happen to the equilibrium price and quantity of lattés if th
    10·1 answer
  • PLEASE HELP ME!!!!!!!! Shannon spent time removing the background of an image in her PowerPoint presentation. She then saved the
    8·1 answer
  • Breanna works in the mall and her hours increase during busy shopping times of the year. Breanna has a plan to save $25 each wee
    11·1 answer
  • What healthy, positive action can the food industry take to reduce the national issue of weight gain? regulate the content of pr
    11·1 answer
  • I learned that before application of shampoo it is important to​
    10·1 answer
  • Suppose when you are 21 years old, you deposit $1,000 into a bank account that pays annual compound interest, and you do not wit
    7·2 answers
  • The overall process of building and maintaining profitable customer relationships by delivering superior customer value and sati
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!