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Gwar [14]
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 $ 17,500,000 Net operating income $ 6,000,000 Average operating assets $ 36,000,000 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.
Business
1 answer:
Margaret [11]3 years ago
6 0

Answer:

Alyeska Services Company

1. Margin

= 34.29%

2. Turnover

= 48.61%

3. The Return on Investment (ROI)

= 7.05%

Explanation:

a) Data and Calculations:

Sales = $ 17,500,000

Net operating income = $ 6,000,000

Average operating assets = $ 36,000,000

1. Margin = Net operating income/Sales * 100

= $6,000,000/$17,500,000 * 100

= 34.29%

2. Turnover = Sales/Average Operating assets

= $17,500,000/$36,000,000

= 48.61%

3. The Return on Investment (ROI) = Margin/Turnover

= 34.29%/48.61%

= 7.05%

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