Question
Alyeska Services Company, a division of a major oil company, provides various services to the operators...
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 | $ | 17,400,000 |
| Net operating income | $ | 5,200,000 |
| Average operating assets | $ | 35,700,000 |
Required:
1. Compute the margin for Alyeska Services Company. (Round your answer to 2 decimal places.)
2. Compute the turnover for Alyeska Services Company. (Round your answer to 2 decimal places.)
3. Compute the return on investment (ROI) for Alyeska Services Company. (Round your intermediate calculations and final answer to 2 decimal places.)
Homework Answers
Answer #1
Not the answer you're looking for?
Similar Questions
Alyeska Services Company, a division of a major oil company, provides various services to the operators...
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
$
17,400,000
Net operating income
$
5,900,000
Average operating assets
$
37,000,000
Required:
1. Compute the margin for Alyeska Services Company.
(Round your answer to 2 decimal places.)
2. Compute the turnover for Alyeska Services Company.
(Round your answer to 2 decimal places.)
3. Compute the return...
Alyeska Services Company, a division of a major oil company, provides various services to the operators...
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
$
17,600,000
Net operating income
$
4,700,000
Average operating assets
$
36,200,000
Required:
1.
Compute the margin for Alyeska Services Company. (Round
your answer to 2 decimal places.)
2.
Compute the turnover for Alyeska Services Company.
(Round your answer to 2 decimal places.)
3.
Compute...
Alyeska Services Company, a division of a major oil company, provides various services to the operators...
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
$
17,100,000
Net operating income
$
5,300,000
Average operating assets
$
36,200,000
Required:
1. Compute the margin for Alyeska Services Company.
(Round your answer to 2 decimal places.)
2. Compute the turnover for Alyeska Services Company.
(Round your answer to 2 decimal places.)
3. Compute the return...
Alyeska Services Company, a division of a major oil company, provides various services to the operators...
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 for Alyeska Services Company.
2. Compute the turnover for Alyeska Services Company.
(Round your answer to 1 decimal place.)
3. Compute the return on investment (ROI) for Alyeska Services
Company....
Jarriot, Inc., presented two years of data for its Furniture Division and its Houseware Division. Furniture...
Jarriot, Inc., presented two years of data for its Furniture
Division and its Houseware Division. Furniture Division: Year 1
Year 2 Sales $32,670,000 $35,000,000 Operating income 1,339,470
1,435,000 Average operating assets 10,000,000 10,000,000 Houseware
Division: Year 1 Year 2 Sales $12,260,000 $12,691,000 Operating
income 576,220 469,567 Average operating assets 5,000,000 5,000,000
Required: Round the ROI and margin percentages to two decimal
places (for example, enter the decimal .10555 as "10.56" percent).
Round the turnover ratio to two decimal places.
1....
Return on Investment, Margin, Turnover Data follow for the Construction Division of D. Jack Inc.: Year...
Return on Investment, Margin, Turnover
Data follow for the Construction Division of D. Jack Inc.:
Year 1
Year 2
Sales
$148,500,000
$162,250,000
Operating income
8,910,000
8,112,500
Average operating assets
337,500,000
405,625,000
(Note: If required, round your answers to two decimal
places.)
Required:
1. Compute the margin (as a percent) and
turnover ratios for each year.
Year 1
Year 2
Margin
%
%
Turnover
2. Compute the ROI (as a percent) for the
Construction Division for each year.
ROI year 1...
Return on Investment, Margin, Turnover Data follow for the Construction Division of D. Jack Inc.: Year...
Return on Investment, Margin, Turnover
Data follow for the Construction Division of D. Jack Inc.:
Year 1 Sales $141,075,000
Operating income 9,801,000
Average operating assets 354,375,000
Year 2 Sales $178,475,000
Operation Income 8,923,750
Average operating assets 365,062,500
If required, round your answers to two decimal places.
Required:
1. Compute the margin (as a percent) and turnover ratios for
each year:
Year 1
Margin: %
Turnover:
Year 2
Margin: %
Turnover:
Compute the ROI (as a percent) for the Construction Division...
Eacher Wares is a division of a major corporation. The following data are for the latest...
Eacher Wares is a division of a major corporation. The following
data are for the latest year of operations:
Eacher Wares is a division of a major corporation. The following
data are for the latest year of operations:
Sales
$14,720,000
Net operating
income
$
1,000,960
Average
operating assets
$
4,000,000
The company's
minimum required rate of return
14%
a. What is the division's margin? (Enter your answer
rounded to 2 decimal places.)
b. What is the division's turnover? (Enter your...
Selected operating data for two divisions of Outback Brewing, Ltd., of Australia are given below: Division...
Selected operating data for two divisions of Outback Brewing,
Ltd., of Australia are given below:
Division
Queensland
New South Wales
Sales
$
855,000
$
2,200,000
Average operating assets
$
570,000
$
550,000
Net operating income
$
44,460
$
48,400
Property, plant, and equipment (net)
$
244,000
$
194,000
Required:
1. Compute the rate of return for each division using the return
on investment (ROI) formula stated in terms of margin and
turnover.
2. Which divisional manager seems to be doing...
The South Division of Wiig Company reported the following data for the current year. Sales $2,950,000...
The South Division of Wiig Company reported the following data
for the current year.
Sales
$2,950,000
Variable costs
1,947,000
Controllable fixed costs
595,000
Average operating assets
5,000,000
Top management is unhappy with the investment center’s return on
investment (ROI). It asks the manager of the South Division to
submit plans to improve ROI in the next year. The manager believes
it is feasible to consider the following independent courses of
action.
1.
Increase
sales by $300,000 with no change in...
ADVERTISEMENT
Need Online Homework Help?
Get Answers For Free
Most questions answered within 1 hours.
ADVERTISEMENT
Active Questions
asked 3 minutes ago
asked 6 minutes ago
asked 7 minutes ago
asked 15 minutes ago
asked 21 minutes ago
asked 25 minutes ago
asked 29 minutes ago
asked 30 minutes ago
asked 33 minutes ago
asked 49 minutes ago
asked 1 hour ago
asked 1 hour ago