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Selected operating data for two divisions of Outback Brewing, Ltd., of Australia are given below: Selected operating data for two divisions of Outback Brewing, Ltd.,
Selected operating data for two divisions of Outback Brewing, Ltd., of Australia are given below:
Selected operating data for two divisions of Outback Brewing, Ltd., of Australia are given below: of g Division New South Queensland Wales 825,000 $2,688,000 Sales 550,000 640,000 Average operating assets 56,100 80,640 Net operating income Property, plant and equipment (net) 246,000 196,000 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 ROI Turnover Queensland division New South Wales divisionStep by Step Solution
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