2 3 Alyeska Services Company, a division of a major oil company, provides variou

Question

2
3
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 18,800,000 S 6,300,000 36, 900,000 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 (ROl) for Alyeska Services Company (Round your intermediate calculations and final answer to 2 decimal places.) 1. Margin 2. Turnover . ROI

Explanation / Answer

1. Aleyska Services Company

Working:

Margin = Net operating income/Sales = $6300000/$18800000 = 33.51%

Turnover = Sales/Average operating assets = $18800000/$36900000 = 0.51

ROI = Margin x Turnover = 33.51% x 0.51 = 17.09%

Per Chegg guidelines, please post independent questions separately. Thank you.

1 Margin 33.51 % 2 Turnover 0.51 3 ROI 17.09 %

Related Questions

Navigate

• Browse (All)
• Browse 2
• Subjects

---

---

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