Question
Tundra Services Company, a division of a major oil company, provides various services to the operators of the North Slope oil field in Alaska. Data
Tundra 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 $ 18,800,000 Net operating income $ 5,700,000 Average operating assets $ 36,700,000
Required: 1. Compute the margin for Tundra Services Company. (Round your answer to 2 decimal places.) Margin %
2. Compute the turnover for Tundra Services Company. (Round your answer to 2 decimal places.) Turnover
3. Compute the return on investment (ROI) for Tundra Services Company. (Round your intermediate calculations and final answer to 2 decimal places.)
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