Alyeska Services Company, a division of a major oil company, provides various se

Question

Alyeska Services Company, a division of a major oil company, provides various services to the operators of the North Slope oil field in Alaska. Data concerning the most recent year appear below: Sales Net operating income Average operating assets 18,300,000 $5,900,000 35,600,000 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.) 1. Margin 2. Turnover 3. ROI

Explanation / Answer

1.Margin=net operating income/Sales

=(5,900,000/18,300,000)=32.24%(Approx)

2.Turnover=Sales/Average operating assets

=(18,300,000/35,600,000)=0.51(Approx)

3.ROI=Net operating income/Average operating assets

=(5,900,000/35,600,000)=16.57%(Approx).

Related Questions

Navigate

• Browse (All)
• Browse A
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.