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Selected operating data for two divisions of Outback Brewing, Ltd. of Australia are as follows: Sales Average operating assets Net operating income Property, plant, and
Selected operating data for two divisions of Outback Brewing, Ltd. of Australia are as follows: Sales Average operating assets Net operating income Property, plant, and equipment (net) Division New South Queensland Wales $ 3,300,000 $ 6,400,000 1,100,000 3,200,000 330,000 410,000 320,000 2,200,000 Required: 1. Compute the rate of return for each division using the ROI formula stated in terms of margin and turnover. (Do not round intermediate calculations and round your final answers to 2 decimal places.) Queensland New South Wales Rate of Return % % 2. Which divisional manager seems to be doing the better job? Queensland
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