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Exercise 11-8 Computing and Interpreting Return on Investment (ROI) [L011-1] Selected operating data for two divisions of Outback Brewing, Ltd., of Australia are given below:
Exercise 11-8 Computing and Interpreting Return on Investment (ROI) [L011-1] Selected operating data for two divisions of Outback Brewing, Ltd., of Australia are given below: Division New South Wales Queensland 4,000,000 7,000,000 $ 2,000,000 2,000,000 $ 360,000420,000 Sales Average operating assets Net operating income Property, plant, and equipment (950,000800,000 Required: 1. Compute the rate of return for each division using the return on investment (ROl) formula stated in terms of margin and turnover 2. Which divisional manager seems to be doing the better job? Complete this question by entering your answers in the tabs below. Required 1Required2 Compute the rate of return for each division using the return on investment (ROI) formula stated in terms of margin and turnover. (Round Turnover answers to 1 decimal place.) Margin Turnover RO Queensland division 1% New South Wales division Required 1 Required 2 > Required 1Required 2 Which divisional manager seems to be doing the better job? OQueensland division New South Wales vision
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