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Question - Compute the Return on Investment

Tundra 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 $18,000,000

Net operating income $5,400,000

Average operating assets $36,000,000

Required:

1. Compute the margin for Tundra Services Company.

2. Compute the turnover for Tundra Services Company.

3. Compute the return on investment (ROI) for Tundra Services Company.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M92646920
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