Question
Selected operating data for two divisions of Outback Brewing, Ltd., of Australia are given below: Division QueenslandNew South WalesSales$1,984,000$2,907,000Average operating assets$620,000$570,000Net operating income$148,800$145,350Property, plant, and
Selected operating data for two divisions of Outback Brewing, Ltd., of Australia are given below:
Division
QueenslandNew South WalesSales$1,984,000$2,907,000Average operating assets$620,000$570,000Net operating income$148,800$145,350Property, plant, and equipment (net)$262,000$212,000
Required:1.Compute the rate of return for each division using thereturn on investment(ROI) formula stated in terms of margin and turnover.(Round your answers to 2decimal places.)
Queensland division Margin %? Turn Over %? ROI %?
New South Wales division Margin %? Turn Over %? ROI %? 2.Which divisional manager seems to be doing the better job?
Queensland division
New South Wales division
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