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Selected operating data for two divisions of Outback Brewing, Ltd., of Australia are given below: Sales Division Queensland $ 864,000 $540,000 $ 60,480 Average
Selected operating data for two divisions of Outback Brewing, Ltd., of Australia are given below: Sales Division Queensland $ 864,000 $540,000 $ 60,480 Average operating assets Property, plant, and equipment (net) $ 247,000 Net operating income Required: New South Wales $ 2,016,000 $630,000 $ 80,640 $ 197,000 1. Compute the rate of return for each division using the return on investment (ROI) formula stated in terms of margin and turnover. 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. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Queensland division New South Wales division Margin Tumover ROI Required 1 Required Which divisional manager seems to be doing the better job? Queensland division New South Wales division
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