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
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 | $ 18,100,000 |
| Net operating income | $ 5,800,000 |
| Average operating assets | $ 36,800,000 |
Required:
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.)
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Auditing Cases An Active Learning Approach
Authors: Mark S. Beasley, Frank A. Buckless, Steven M. Glover, Douglas F. Prawitt
2nd Edition
0130674842, 978-0130674845
