Exercise 11-1 (Algo) Compute the Return on Investment (ROI) (LO11-1) Alyeska Services Company, a division of a major oil
Posted: Tue Nov 16, 2021 8:51 am
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 $ 18,700,000 $ 4,700,000 $ 36,800,000 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 %
Exercise 11-1 (Algo) Compute the Return on Investment (ROI) (LO11-1) Alyeska Services