Compute the margin for alyeska services company

Assignment Help Accounting Basics
Reference no: EM131810075

Problem

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 $ 18,900,000
Net operating income $ 4,400,000
Average operating assets $ 36,700,000

Required:

1. Compute the margin for Alyeska Services Company.

2. Compute the turnover for Alyeska Services Company.

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

Reference no: EM131810075

Questions Cloud

What is the ending retained earnings balance for commet : What is the ending Retained Earnings balance for Commet, Prepare an income statement for the year 2013, beginning with Income from Continuing Operations
Summarise article - social media marketing in industry : Summarise a journal article that is provided by your lecturer. The word count is 350-400 words - summary will depend on the structure and content of the journal
Prepare process cost using the weighted-average method : Beginning work in process inventory is 20 percentage complete with respect conversion. Prepare process cost using the weighted-average method.
Probability that particular adjacent points picked at random : Suppose 3 points are picked at random from 10 points equally spaced around the circumference of a circle.
Compute the margin for alyeska services company : Compute the margin for Alyeska Services Company. Compute turnover for Alyeska Services Company. Compute the return on investment for Alyeska Services Company.
Find the after-tax cash flow : Mate Construction has a taxable income of about $20M. Some construction equipment has the following costs:
Calculate the probability of a wimpout : Cosmic wimpout. In this game five dice are rolled. four of the dice have the same set of symbols and numbers on their faces the numbers are 5 and 10.
Indicate the accounting equation effects of each item : The following items present a sample of business activities involving Dry Cleaner Corporation (DCC) for the year ended December 31, 2013.
Computer using macrs and the current tax law : (a) Find the after-tax cash flow for year 3 for the computer using MACRS and the current tax law. (b) Find the EAC after taxes for the minicomputer

Reviews

Write a Review

Accounting Basics Questions & Answers

  What controls weaknesses did the company have

In one of the case studies in the textbook and Albert Miano. What controls weaknesses did the company have that facilitated Miano's scheme?

  Calculate the division and each plan in following schedule

Bob to receive a salary of 16,000 annually, the balance to be divided between Bob and Dan according to their opening capital balance ratios

  Compute the deferred income tax amount reported

Compute the deferred income tax amount reported on the balance sheet for Compute the deferred income tax amount reported on the balance sheet

  Review the companys accounts receivable

You are the auditor for a company and need to review the company's accounts receivable using probability proportional to size (PPS) sampling

  What are some of the features added to preferred stock that

why is preferred stock referred to as preferred?what are some of the features added to preferred stock that make it

  Evaluate cost accounting performance and planning tools

ACC 550 Final Project Overview. Select the optimal inventory management method for meeting the needs of an organization and Evaluate cost accounting performance and planning tools for their impact on business operations

  Botticelli inc was organized in late 2008 to manufacture

botticelli inc. was organized in late 2008 to manufacture and sell hosiery. at the end of its fourth year of operation

  Narrows the spectrum to the mean-median

Trend forecasters, sometimes called "futurists," use three "P's": Possible, Probable, and Plausible. "Possible" includes the "outliers" on the classic bell curve. "Probable" narrows the spectrum to the mean, median, and mode at the top of the be..

  Impact of and responses to globalised big business

Impact of and responses to globalised ‘Big Business' on national and regional cultures - Describe and explain THREE forms or types of impact that Big Business.

  Price of bond of gator corporation

The Florida Investment Fund buys 90 bonds of the Gator Corporation through a broker. The bonds pay 8 percent annual interest.

  Excess of par value-preferred stock

Classify each account using the table headings - Excess of Par Value-Preferred Stock

  Relies on the judgments of someone

Supporting material which relies on the judgments of someone, other than the speaker, who has relevant experience and expertise is called:

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd