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Selected operating data for two divisions of Outback Brewing, Ltd., of Australia are given below: Queensland New South Wales Sales $2,275,000 $2,781,000 Average operating assets
Selected operating data for two divisions of Outback Brewing, Ltd., of Australia are given below:
Queensland | New South Wales | |
Sales | $2,275,000 | $2,781,000 |
Average operating assets | $650,000 | $515,000 |
Net operating income | $232,050 | $200,232 |
Property, plant and equipment (net) | $265,000 | $215,000 |
1) Compute the rate of return for each division using the return on investment (ROI) formula stated in terms of margin and turnover.
Margin | Turnover | ROI | |
Queensland division | _____% | ____% | |
New South Wales division | _____% | ____% |
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