41% 1 Exercises Help Save&Exit; Sub Seved Check my worl Alyeska Services Company

Question

41% 1 Exercises Help Save&Exit; Sub Seved Check my worl Alyeska Services Company, a division of a major oil company, provides various services to the operators of the No Slope oil field in Alaska. Data concerning the most recent year appear below Sales Net operating income Average operating assete 19,000,000 5,100,000 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 (ROD for Alyeska Services Company (Round your intermediate calculations and final answer to 2 decimal places.) 1. Margin 2. Tumover Prev 1 of 5 Next > MacBoc

Explanation / Answer

1.) MARGIN RATIO = (NET OPRERATING INCOME /SALES)*100

($5,100,000/19,000,000)*100= 26.8421 OR ROUND TO 26.84%

2.) TURNOVER = SALES/ AVERAGE TOTAL ASSET

$19,000,000/$35,600,000= 0.53370 OR ROUND TO 0.53

3.) ROI= ( NET OPERATING INCOME / AVERAGE OPERATING ASSETS )*100

($5,100,000/35,600,0000)*100= 14.3258 OR ROUND TO 14.33%

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