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
Setler [38]
2 years ago
13

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 $ 7,500,000 Net operating income $ 600,000 Average operating assets $ 5,000,000 Required: 1. Compute the margin. 2. Compute the turnover. (Round your answer to 1 decimal place.) 3. Compute the return on investment (ROI). (Do n
Business
1 answer:
Ganezh [65]2 years ago
4 0

Answer:

1. 8%

2. 1.5

3. 12%

Explanation:

1) Computation for the margin

Using this formula

Margin = Net operating income/Sales

Let plug in the formula

Margin= 600000/7500000

Margin = 8%

2) Computation for the turnover

Using this formula

Turnover = Sales/average operating assets

Let plug in the formula

Turnover = 7500000/5000000

Turnover= 1.5

3) Computation for the return on investment (ROI

ROI = 8*1.5

ROI= 12%

You might be interested in
For the composite method, the composite...(a)rate is the total cost divided by the total annual depreciation.(b)rate is the tota
kotykmax [81]

Answer:

The correct answer is letter "C": life is the total cost divided by the total annual depreciation.

Explanation:

The composite depreciation method uses the straight-line depreciation to rate and average the loss of value in given assets. It divides the useful life figure by the total depreciable cost to arrive at the total depreciation per year. It is helpful to determine the depreciation in a complete class of assets.

3 0
2 years ago
In digital forensics, all investigations follow the same basic methodology. which of the following should be performed first in
Xelga [282]
Had to look for the options and here is my answer. Based on digital forensics's basic methodology, the very first thing that should be done upon investigation is the identification of relevant items of evidentiary value or known as EM. Hope this answers your question.
8 0
2 years ago
Engberg Company installs lawn sod in home yards. The company’s most recent monthly contribution format income statement follows:
GaryK [48]

Answer:

See answer below

Explanation:

1. Degree of operating leverage

Selling price $126,000

Variable cost $50,400

Contribution margin $75,600

Fixed cost $23,000

Net operating income $52,600

Degree of operating leverage = Contribution margin / operating income = $75,600 / $52,600

= 1.44

8 0
2 years ago
During the annual fundraising drive, the Cancer Society raised $900,000 in pledges of financial support for their general operat
mylen [45]

Answer:

The amount to be reported as net amount of revenue in the current year from the pledge drive is $870,000 option B

Explanation:

The  net amount amount of revenue the society should recognize in the current year from this pledge drive is the actual collected plus the remainder of the pledge which is $300,000 minus the provision for uncollectible pledge i.e 10%*$300,000

The net amount of revenue=$600,000+$300,000-(10%*$300,000)=$870,000

The correct option is B,net amount of revenue of $870,000 recognized

6 0
2 years ago
Which of the following is something that companies are likely to engage in with famous, well-publicized sports teams?
Gnoma [55]

Sponsorship.

Companies will partner with famous teams and players through sponsorship in order to advertise their product to fans.

5 0
3 years ago
Read 2 more answers
Other questions:
  • Marcus volunteers for an organization that cleans up
    12·2 answers
  • Which category of environmental forces in international marketing would involve: Coors Brewery attempting to sell its beer in Ir
    13·2 answers
  • Problem 5-3A Record transactions related to accounts receivable (LO5-3, 5-4, 5-5) [The following information applies to the ques
    13·1 answer
  • Accountants that have a Certificate in Public Accounting (CPA): a.must pass a national examination and be licensed by the state
    7·1 answer
  • A company’s activities for Year 2 included the following: Gross sales $3,600,000 Cost of goods sold 1,200,000 Selling and admini
    7·1 answer
  • Is an internship required to be a dentist?
    5·1 answer
  • At what phase should security planning begin in a conceptual and proposed "from the start" international acquisition program?
    7·1 answer
  • For your speech to be effective, you must carefully consider what your specific
    6·1 answer
  • 1.- Registre el siguiente asiento de situación inicial en su libro Diario
    15·1 answer
  • The annual global growth rate of the human population peaked in the ________ and has been declining ever since.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!