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I do not know what I am doing wrong? I am trying to find the margin, which is net operating income/sales. But when I do
I do not know what I am doing wrong? I am trying to find the margin, which is net operating income/sales. But when I do this it is telling me it is wrong. Can you please help? I am doing 5,100,000/17,800,00=0.29 (29%). Thank you
Aol. Aol. T Pf CB PF E K QZ C V CCCCC X + X C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fdcccd.blackboard.com%252Fw.. F. Paused . . . Chapter 10: Homework i Saved Help Save & Exit Submit Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return to question Sales $ 17,800, 000 Net operating income 5 , 100, 000 Average operating assets $ 35,000,000 2.5 points Required: 1. Compute the margin for Alyeska Services Company. (Round your answer to 2 decimal places.) 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 and final answer to 2 decimal places.) x Answer is complete but not entirely correct. 1 . Margin 29.00 X % 2. Turnover 0.51 3. ROI 15.00 % Mc Graw Hill e CA 11:43 AM 11/11/2021Aol. Aol. T Pf CB PF E K QZ C V CCCCC X + X C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fdcccd.blackboard.com%252Fw.. F. Paused . . . Chapter 10: Homework i Saved Help Save & Exit Submit Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return to question Exercise 10-1 Compute the Return on Investment (ROI) [LO10-1] 2.5 Alyeska Services Company, a division of a major oil company, provides various services to the operators of the North Slope oil field in points Alaska. Data concerning the most recent year appear below: Sales $ 17,800, 000 Net operating income 5 , 100 , 000 Average operating assets $ 35,000,000 Required: 1. Compute the margin for Alyeska Services Company. (Round your answer to 2 decimal places.) 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 and final answer to 2 decimal places.) x Answer is complete but not entirely correct. Mc Graw Hill e A 11:44 AM 11/11/2021Step by Step Solution
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