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Selected operating data for two divisions of Outback Brewing, Ltd., of Australia are given below: 8.58 points Division New South Queensland Wales Sales $1,003,000 $1,891,000
Selected operating data for two divisions of Outback Brewing, Ltd., of Australia are given below: 8.58 points Division New South Queensland Wales Sales $1,003,000 $1,891,000 Average operating assets $ 590,000 $ 610,000 Net operating Income $ 90,270 $ 113,460 Property, plant, and equipment (net) $ 242,000 $ 192,000 Required: 1. 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 2. Which divisional manager seems to be doing the better job? Queensland division New South Wales division
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