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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 | $ | 17,600,000 |
Net operating income | $ | 6,000,000 |
Average operating assets | $ | 36,200,000 |
Required: | |
1. | Compute the margin for Tundra Services Company. (Round your answer to 2 decimal places.) |
2. | Compute the turnover for Tundra Services Company. (Round your answer to 2 decimal places.) |
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