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Selected operating data for two divisions of Outback Brewing, Ltd., of Australia are given below: Division New South Wales Sales Average operating assets Net
Selected operating data for two divisions of Outback Brewing, Ltd., of Australia are given below: Division New South Wales Sales Average operating assets Net operating income Queensland $1,219,000 $2,550,000 $530,000 $ 510,000 73,140 $ 76,500 253,000 $203,000 $ Property, plant, and equipment (net) $ Required: 1. Compute the rate of return for each division using the return on investment (ROI) formula stated in terms of margin and turnow 2. Which divisional manager seems to be doing the better job? Complete this question by entering your answers in the tabs below. Required 11 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.) Margin Turnover ROI Queensland division New South Wales division Required 2 > % % Required 1 Exercise 10-8 Computing and Interpreting Return on Investment (ROI) [LO10-1] Selected operating data for two divisions of Outback Brewing, Ltd., of Australia are given below: Division New South Wales Queensland Sales $ 1,219,000 $ Average operating assets Net operating income. $ 2,550,000 530,000 $. 510,000 73,140 $ 76,500 $ 253,000 $ 203,000 $ Property, plant, and equipment (net) 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? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Which divisional manager seems to be doing the better job? www Queensland division New South Wales division < Required 1 Required 2 >
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