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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: Sales Division New South Queensland Wales $ $ 1,296,000 2,655,000 $ 540,000 $ 590,000 $ 129,600 $ 185,850 $ 254,000 $ 204,000 Average operating assets Net operating income Property, plant, and equipment (net) 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 Required 1 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 % % % %
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