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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 | $ 18,200,000 |
---|---|
Net operating income | $ 5,400,000 |
Average operating assets | $ 36,500,000 |
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. ROI %
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