ACCT 2332 I need help with the following question: 1. 20,00 points value: Alyesk

Question

ACCT 2332

I need help with the following question:

1. 20,00 points value: 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 $17,800,000 $ 5,500,000 $36,900,000 Required 1. Compute the margin for Alyeska Services Company. (Round your percentage answer to 2 decimal places (i.e., 0.1234 should be entered as 12.34).) Margin 2. Compute the turnover for Alyeska Services Company. (Round your answer to 2 decimal places.) Turnover 3. Compute the return on investment (ROI) for Alyeska Services Company. (Round your intermediate calculations to 2 decimal places. Round your percentage answer to 2 decimal places (i.e., 0.1234 should be entered as 12.34).) ROl

Explanation / Answer

Margin=Net operating income/Sales

=(5,500,000/17,800,000)=30.90%(Approx)

Turnover=Sales/Average operating assets

(17,800,000/36,900,000)=0.48(Approx)

ROI=Net operating income/Average operating assets

=(5,500,000/36,900,000)=14.91%(Approx).

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