Exercise 11-8 (Algo) Computing and Interpreting Return on Investment (ROI) (L011-1) Selected operating data for two divisions of Outback Brewing, Ltd. of Australia are given below: Sales Average operating assets Net operating income Property, plant, and equipment (net) Division New South Queensland Wales $ 1,800,000 $ 3,190,000 $ 500,000 580,000 $ 187,200 $ 223,300 $ 266,000 $ 216,000 Required 1. Compute each division's margin, turnover, and return on investment (ROI). 2. Which divisional manager seems to be doing the better job? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the rate of return for each division using the return on investment (ROI) formula stated in terms of margin and turnover. (Round your answers to 2 decimal places.) Turnover ROI Queensland division New South Wales division Margin % % Required 23 Exercise 11-8 (Algo) Computing and Interpreting Return on Investment (ROI) (LO11-1) Selected operating data for two divisions of Outback Brewing, Ltd., of Australia are given below. Sales Average operating assets Net operating income Property, plant, and equipment (net) Division New South Queensland Wales $ 1,800,000 $3,190,000 $ 500,000 $ 580,000 $ 187,200 $ 223,300 $ 266,000 $ 216,000 Required: 1. Compute each division's margin, turnover, and return on investment (ROI). 2. Which divisional manager seems to be doing the better job? Complete this question by entering your answers in the tabs below. Required 1 Required 2 which divisional manager seems to be doing the better job? Queensland division New South Wales division