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Selected operating data for two divisions of Outback Brewing, Lid., of Australia are given below: Division New South Queens land Wales Sales $ 1, 711,
Selected operating data for two divisions of Outback Brewing, Lid., of Australia are given below: Division New South Queens land Wales Sales $ 1, 711, 000 $ 2,832, 000 Average operating assets 590, 000 590, 090 Net operating income 102 , 660 113, 280 Property, plant, and equipment (net) 259, 000 209, 090 Required: 1. Compute the rate of return for each division using the return on investment (ROI) formula stated in terms of margin and turnov 2. Which divisional manager seems to be doing the better job? Complete this question by entering your answers in the tabs below. Required 1 Required 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.) Margin Turnover ROI Queensland division % % New South Wales division
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