ch. 11 #1,2 Juniper Design, provides design services to residential...
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Accounting
ch. 11 #1,2
Juniper Design, provides design services to residential developers, Last year, the company had net operating income of $410,000 on sales of $1,200,000. The company's average operating assets were $1,400,000 and its minimum required rate of return was 15%. Required: Compute the company's residual income. Alyeska Services Company, a division of a major oll company, provides various services to the operators of the North Slope oll field in Alaska. Data concerning the most recent year appear below: Required: 1. Compute the margin. Note: Round your answer to 2 decimal places. 2. Compute the turnover. Note: Round your answer to 2 decimal places. 3. Compute the return on investment (ROI). Note: Round your intermediate calculations and final answer to 2 decimal places
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