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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
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 Required: $ 18,500,000 $ 5,300,000 $ 36,500,000 1. Compute the margin. (Round your answer to 2 decimal places.) 2. Compute the turnover. (Round your answer to 2 decimal places.) 3. Compute the return on investment (ROI). (Round your intermediate calculations and final answer to 2 decimal places.) 1. Margin 2. Tumover 3. ROI % Juniper Design Limited of Manchester, England, provides design services to residential developers. Last year, the company had net operating income of $490,000 on sales of $1,300,000. The company's average operating assets for the year were $1,500,000 and its minimum required rate of return was 11%. Required: Compute the company's residual income for the year. Residual income
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