QUUENSLAND DIVISION NEW SOUTH WALES DIVISION Net operating income 360,000 Net operating income 420,000 Divide: Sales 4,000,000 Divide: Sales 7,000,000 Margin 9% Margin 6% Sales 4,000,000 Sales 7,000,000 Divide: Average operating assets 2,000,000 Divide: Average operating assets 2,000,000 Turnover 2 Turnover 3.5 Margin 9% Margin 6% Multiply: Turnover 2 Multiply: Turnover 3.5 Return on investment 18% Return on investment 21%