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MooselawCampusCareer X C Chegg-Save up to 5 ezto.mheducation.com/ext/map/index.html?_con-con&external_browser=0&launchUrl=https%253A%252F%252Flms.mheduca LO6-Performance Reporting 2 Saved Exercise 12-2 Computing and Interpreting ROI (LO2 - CC4) Selected operating data
MooselawCampusCareer X C Chegg-Save up to 5 ezto.mheducation.com/ext/map/index.html?_con-con&external_browser=0&launchUrl=https%253A%252F%252Flms.mheduca LO6-Performance Reporting 2 Saved Exercise 12-2 Computing and Interpreting ROI (LO2 - CC4) Selected operating data for two divisions of Outback Brewing, Ltd. of Australia are as follows: 4 points eBook Print References Division Queensland Sales $4,000,000 New South Wales $6,000,000 Average operating assets 1,600,000 3,000,000 Net operating income 280,000 410,000 Property, plant, and equipment (net) 300,000 2,200,000 Required: 1. Compute the rate of return for each division using the ROI formula stated in terms of margin and turnover. (Da intermediate calculations and round your final answers to 2 decimal places.) Rate of Return Queensland New South Wales %
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