Tundra Services Company, a division of a major oil company, provides various services to the operators of
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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 concerning the most recent year appear below: |
Sales | $ | 18,300,000 |
Net operating income | $ | 5,300,000 |
Average operating assets | $ | 35,200,000 |
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.) |
ROI:____% |
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