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kotegsom [21]
2 years ago
11

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 $ 18,600,000 Net operating income $ 6,100,000 Average operating assets $ 36,800,000 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:
Korolek [52]2 years ago
7 0

Answer:

1. 32.80%

2. 50.54 times

3. 16.57%

Explanation:

1. Computation of margin for Alyeska Services Company is below:-

Margin = Net operating income ÷ Sales

= $6,100,000 ÷ $18,600,000

= 32.80%

2. Computation of turnover for Alyeska Services Company

Turnover = Sales ÷ Average Operating Assets

= $18,600,000 ÷ $36,800,000

= 50.54 times

3.  Computation of return on investment for Alyeska Services Company

Return on investment = Margin × Turnover

= 32.80% × 50.54

= 16.57%

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Marginal revenue can become negative for A. both competitive and monopoly firms. B. monopoly firms but not for competitive firms
Lena [83]

Answer:

B. monopoly firms but not for competitive firms.

Explanation:

Marginal revenue can become negative for monopoly firms but not for competitive firms.

A monopolist’s marginal revenue is always less than or equal to the price  of the good.

Marginal revenue is the amount of revenue the firm receives for  each additional unit of output. It is the difference between total revenue – price  times quantity – at the new level of output and total revenue at the previous  output (one unit less).

Since the monopolist’s marginal cost curve lies below its demand curve.  When a monopoly increases amount sold, it has two effects on total revenue:

– the output effect: More output is sold, so Q is higher.

– the price effect: To sell more, the price must decrease, so P is lower.

For a competitive firm there is no price effect. The competitive firm can sell  all it wants at the given price.

So the marginal revenue on a monopolist's additional unit sold is lower than the price, <u>because it gets less revenue for selling additional units.</u>

<u>Marginal revenue can become negative – that is, the total revenue decreases from one output level to the next. </u>

5 0
3 years ago
Select a topic and develop a curriculum targeted to 6th-grade students.
BartSMP [9]

Explanation:

Provide an outline of the material and how it will be presented.

is the correct answer .

hope it is helpful to you☺️☺️☺️

6 0
2 years ago
The treasurer of a major U.S. firm has $40 million to invest for three months. The interest rate in the United States is .28 per
diamong [38]

Answer:

Check the explanation as follows.

Explanation:

a) If it is invested in US

Current= $40 million

Interest rate= 0.28% p.m

Interest for 1 month= $40 million*0.28%= $0.112 million

Interest for 3 months= $0.112*3= $0.336 million

Total value after 3 months= $40 million+$0.336 million = $40336000.

b) If it is invested in Great Britain.

Convert $40 million into Pounds= $40 million*0.639 = Pound 25.56 million

Ivest in Great Britain for 3 months @ 0.32%

Interest per month= 25.56 million*0.32% *3 = 0.245376

Total Pounds after 3 months= Pound 25.805376

Convert into $= 25.805376/0.642 = $40195289.7156

Value if invested in great britain= $40195289.7156

8 0
2 years ago
A difference in quantity of materials used on two comparable jobs may be caused by a.employee carelessness b.poor quality materi
Elodia [21]

Answer: d.All of these choices are correct.

Explanation:

All the above can result in different quantities of materials being used for comparable jobs.

Employee Carelessness can cause more material to be used if they fail to adequately measure the Requirements of a job. If they are also careless in the usage of the material, there will be wastage and therefore a larger use of materials.

Poor Quality Materials can also result in different quantities being used because for instance, more material could be required to do something that a stronger material could have easily done.

Inadequately trained Employees is a major reason for Material Wastage. If employees are not trained by seasoned people who know how to reduce wastage, that knowledge could take time to come to them. If they were adequately trained however, they can master the tricks on wastage avoidance and limit discrepancies in the amount of materials used per comparable jobs.

7 0
3 years ago
Encouraging users to click a like button is an example of which step in the social marketing process? fan acquisition brand stre
WINSTONCH [101]

The answer is amplification. This occurs when your product is shared, either over organic or compensated commitment, within social marketing networks thus accumulating your word-of-mouth publicity. Amplification carry out by assimilating your message endorsed (amplified) over and done with workers, clienteles, business partners, admirers and influencers.

5 0
3 years ago
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