Compute the return on investment

Assignment Help Managerial Accounting
Reference no: EM133067559

Question - 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 17,300,000

Net operating income 6,400,000

Average operating assets 36,700,000

Required -

1. Compute the margin.

2. Compute the turnover.

3. Compute the return on investment (ROI).

Reference no: EM133067559

Questions Cloud

Source of competition in monopolistic competition : 1. What is the source of competition in monopolistic competition?
Constant marginal cost : A monopoly can sell its product in two different cities, A and B. The monopolist believes that the two cities are far enough from each other that resale is impo
Find the required stiffness of the auxiliary spring : If the lift of the sleeve is 7.5 mm for an increase of speed of 5%, find the required stiffness of the auxiliary spring B
Organizational and operational plans for southwest airlines : How might the firm benefit from a strategic alliance? What are the risks of a strategic alliance and how might those risks be managed?
Compute the return on investment : Alyeska Services Company, a division of a major oil company, provides various services to the operators - Compute the return on investment
Prepare the journal entries necessary to record the issue : Entries for redemption and Issuance of Bonds - Prepare the journal entries necessary to record the issue of the new bonds and the refunding of the bonds
What is a major objective of accounting for inventory : What is a major objective of accounting for inventory? Define the meaning of cost as it applies to the initial measurement of inventory
Current viewpoints or attitudes about diversity : What does "diversity" mean to you? What prior experiences have affected your current viewpoints or attitudes about diversity?
Business Organizations and LLC Liability : Evaluate three forms of business organizations including advantages and disadvantages related to the business the ladies plan to operate.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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