Alyeska Services Company, a division of a major oil company, provides various services to the operators...
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Alyeska 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 Net operating income $ 18,200,000 $ 6,200,000 Average operating assets $ 35,400,000 Required: 1. Compute the margin. (Round your answer to 2 decimal places.) 2. Compute the turnover. (Round your answer to 2 decimal places.) 3. Compute the return on investment (ROI). (Round your intermediate calculations and final answer to 2 decimal places.) 1. Margin 2. Turnover 3. ROI 34.07 % 34.07 17.51 % Check my work 2 Alyeska 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 Net operating income $ 18,200,000 $ 6,200,000 Average operating assets $ 35,400,000 Required: 1. Compute the margin. (Round your answer to 2 decimal places.) 2. Compute the turnover. (Round your answer to 2 decimal places.) 3. Compute the return on investment (ROI). (Round your intermediate calculations and final answer to 2 decimal places.) 1. Margin 2. Turnover 3. ROI 34.07 % 34.07 17.51 % Check my work 2
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