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20. Alyeska Services Company, a division of a major oil company, provides various services to the operators of the North Slope oil field in Alaska.
20. 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 $18,000,000
Net operating income $6,000,000
Average operating assets $36,800,000
Required: | |
1. | Compute the margin for Alyeska Services Company. (Round your answer to 2 decimal places.) |
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