e Wendel\'s Donut Shor X y. M Comprehensive Quiz × e Wendel\'s Donut Shoe The of

Question

e Wendel's Donut Shor X y. M Comprehensive Quiz × e Wendel's Donut Shoe The of x C Accounting questian x f Facebaok × ( G Google × ' O '1) DAVE EAST PARA tpx Time remalning: 03304 10 10.00 points Exercise 11-1 Compute the Return on Investment (ROI [LO11-1) Alyesks Services Compay, a dvision of a major oil company, provides various services to the operators of the Narth Slope cil field in Alaska Drata cancening the mcst recent year appear below Seles Nel operating income Averageerating assets $10,700,000 S 5,500,000 53,200,000 Required: Compute the margin for Nyeska Services Compay (Round your answer to 2 decimal places.) 2. Compute the tumovar for Alyska Services Company Round your answer to 2 decamal places.) 3. Compute the retum on investment ROnfor Alyeska Services Company. (Round your intermediate calculations and final answer to 2 decimal places Activate Windows Go to PC settings to activate Windows References eBook & Resources 10:56AM 12/16/2017

Explanation / Answer

1. Margin = Net operating income / Sales = $5,500,000 / $18,700,000 = 29.41%

2. Assets turnover = Net Sales / Average Assets = $18,700,000 / $35,200,000 = 0.53 times

3. Return on investment = Net operating income / Average operating assets = $5,500,000 / $35,200,000 = 15.63%

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