22.

value: 5.78 points

Exercise 9-1 Compute the Return on Investment (ROI) [LO1]

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	$	17,500,000
Net operating income	$	5,600,000
Average operating assets	$	36,500,000

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

%