Exercise 11- 1 Alyeska Services Company, a division of a major oil...
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Accounting
Exercise 11- 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
- Compute the margin for Alyeska Services Company
- Compute the turnover for Alyeska Services Company
- Compute the return on investment (ROI) for Alyeska Services Company
Exercise 11- 2
Juniper Design Ltd. of Manchester England is a company specializing in providing design services to residential developers. Last year the company had net operating income of $600,000 on sales of $3,000,000. The company's average operating assets for the year were $2,800,000 ad its minimum repaired rate of return was 18%.
Compute the company's residual income for the year.
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