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Selected operating data for two divisions of Outback Brewing, Ltd., of Australia are given below: Division Queensland S 1,219,000 New South Wales 2,550,000 Sales Average
Selected operating data for two divisions of Outback Brewing, Ltd., of Australia are given below: Division Queensland S 1,219,000 New South Wales 2,550,000 Sales Average operating assets Net operating income Property, plant, and equipment (net) $ 530,000510,000 $ 73,140$ 76,500 $ 253,000 203,000 Required: 1. Compute the rate of return for each division using the return on investment (ROI) formula stated in terms of margin and tunover. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Mar ROI 1.56 times 3.58 times Queensiand division 600 % 36 0 3.000s, 3580 New South Wales division
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