Question: Exercise 11-1 (Static) Compute the Return on Investment (ROI) [LO11-1] Alyeska Services Company, a division of a major oil company, provides various services to the
Exercise 11-1 (Static) Compute the Return on Investment (ROI) [LO11-1] 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 $ 7,500,000 Net operating income $ 600,000 Average operating assets $ 5,000,000 Required: 1. Compute the margin. 2. Compute the turnover. (Round your answer to 1 decimal place.) 3. Compute the return on investment (ROI). (Do not round intermediate calculations.)
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Exercise 11-1 (Static) Compute the Return on Investment (ROI) (LO11-1] 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 Average operating assets $ 7,580, Bee $ 620, een $ 5,080,808 Required: 1. Compute the margin. 2 Compute the turnover (Round your answer to 1 decimal place.) 3. Compute the return on investment (ROI). (Do not round Intermediate calculations.) % 1. Margin 2. Turnover 3. ROI 96
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