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Exercise 11-8 (Algo) Computing and Interpreting Return on Investment (ROI) [LO11-1] Selected operating data for two divisions of Outback Brewing, Limited, of Australia are given
Exercise 11-8 (Algo) Computing and Interpreting Return on Investment (ROI) [LO11-1] Selected operating data for two divisions of Outback Brewing, Limited, of Australia are given below: Division Queensland New South Wales Sales $ 1,539,000 $ 2,346,000 Average operating assets $ 570,000 $ 510,000 Net operating income $ 138,510 $ 140,760 Property, plant, and equipment (net) $ 257,000 $ 207,000 Required: 1. Compute each division's margin, turnover, and return on investment (ROI). 2. Which divisional manager seems to be doing the better job?
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