Follow instructions on screen o a lhttps://new ACC 219 Chapter 11 Help Save & Ex
ID: 2562765 • Letter: F
Question
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o a lhttps://new ACC 219 Chapter 11 Help Save & Exit Submit Alyeska Services Company, a division Alaska. Data concerning the most recent year appear below: of a major oil company, provides various services to the operators of the North Slope oil field in 10 points Sales Net operating income Average operating assets $35,800,008 $17,400,e0e 6,40a,e00 Hint Required: 1. Compute the margn for Alyeska Services Company (Round your answer to 2 decimal places.) 2. Compute the turnover for Alyeska Services Company. (Round your answer to 2 decimel places.) 3. Compute the return on investment ROIl) for Alyeska Services Company (Round your intermediate calculations and final answer to 2 decimal places.) 2. Turnover 3 ROI 1 of 3 Next> Type here to searchExplanation / Answer
1) Margin = Net operating income / Sales = $6,400,000/17,400,000 = 36.78%
2) Turnover = Sales / Average operating assets = 17,400,000 / 35,800,000 = 0.49
3) ROI = Margin x Turnover = 36.78% * 0.49 = 18.02%