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 17,600,000 s 4,400,000 $35,400,000 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

Margin(Net operating income/Sales)(4,400,000/17,600,000) 25% Turnover(Sales/Average operating assets)(17,600,000/35,400,000) 0.50(Approx) ROI(Net operating income/Average operating assets)(4,400,000/35.400,000) 12.43%(Approx).

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