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 $17,400,000 $5,600,000 $35,700,000 Required . 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

Explanation / Answer

Margin=Net operating income/Sales

=(5,600,000/17,400,000)=32.18%(Approx).

Turnover=Sales/Average operating assets

=(17,400,000/35,700,000)=0.49(Approx)

ROI=Net operating income/Average operating assets

=(5,600,000/35,700,000)=15.69%(Approx).

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