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Selected operating data for two divisions of Outback Brewing, Ltd., of Australia are given below: Queensland Sales Average operating assets Net operating income $
Selected operating data for two divisions of Outback Brewing, Ltd., of Australia are given below: Queensland Sales Average operating assets Net operating income $ 784,000 $ 560,000 Division New South Wales $ 1,485,000 $ 495,000 $ 82,320 $ 118,800 Property, plant, and equipment (net) $ 245,000 $ 195,000 Required: 1. Compute the rate of return for each division using the return on investment (ROI) formula stated in terms of margin and turnover. 2. Which divisional manager seems to be doing the better job? O Answer is not complete. 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) for turnover. (Do not round intermediate calculations. Round your answers to 2 decimal place Queensland division New South Wales division Margin Turnover ROI % % % Required 1 Required 2 >
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