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Exercise 11-1 (Algo) Compute the Return on Investment (ROI) [LO11-1] Alyeska Services Company, a division of a major oil company, provides various services to the

Exercise 11-1 (Algo) Compute the Return on Investment (ROI) [LO11-1]

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 $ 18,500,000
Net operating income $ 6,000,000
Average operating assets $ 35,300,000

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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