Tundra Services Company, a division of a major oil company, provides various ser

Question

Tundra 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 $ 18,800,000 Net operating income $ 5,700,000 Average operating assets $ 36,700,000

Required: 1. Compute the margin for Tundra Services Company. (Round your answer to 2 decimal places.) Margin %

2. Compute the turnover for Tundra Services Company. (Round your answer to 2 decimal places.) Turnover

3. Compute the return on investment (ROI) for Tundra Services Company. (Round your intermediate calculations and final answer to 2 decimal places.)

Explanation / Answer

1 margin 30.32% (b/a) 2 turnover 18800000 (a) 3 ROI 15.53% (b/c)

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