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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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