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Exercise 9-1 Compute the Return on Investment (ROI) [LO9-1] Alyeska Services Company, a division of a major oil company, provides various services to the operators

Exercise 9-1 Compute the Return on Investment (ROI) [LO9-1]

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 $ 17,100,000
Net operating income $ 6,000,000
Average operating assets $ 35,200,000

Required:
1. Compute the margin for Alyeska Services Company. (Round your percentage answer to 2 decimal places (i.e., 0.1234 should be entered as 12.34).)

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 to 2 decimal places. Round your percentage answer to 2 decimal places (i.e., 0.1234 should be entered as 12.34).)

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