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Average operating assets 36000000 compute the margin for

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.

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Accounting Basics: Average operating assets 36000000 compute the margin for

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Accounting Basics: Average operating assets 36000000 compute the margin for

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