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Exercise 11-1 (Algo) Compute the Return on Investment (ROI) [LO11-1] Exercise 11-1 (Algo) Compute the Return on Investment (ROI) [LO11-1] Alyeska Services Company, a division
Exercise 11-1 (Algo) Compute the Return on Investment (ROI) [LO11-1]
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 oilfield in Alaska. Data concerning the most recent year appear below: Sales $ 17,400,000 Net operating income $ 4 , 900 , 000 Average Operating assets $ 36 , 400 , 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.) 1. Margin 2. Turnover 3. ROIStep by Step Solution
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