Question
Exercise 10-1 Compute the Return on Investment (ROI) [LO10-1] Alyeska Services Company, a division of a major oil company, provides various services to the operators
Exercise 10-1 Compute the Return on Investment (ROI) [LO10-1]
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 | $ | 17,400,000 |
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.)
2. Compute the turnover for Alyeska Services Company. (Round your answer to 2 decimal places.)
3. Compute the return on investment (ROI) for Alyeska Services Company. (Round your intermediate calculations and final answer to 2 decimal places.)
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