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Selected operating data for two divisions of Outback Brewing, Ltd., of Australia are given below: Division New South Queensland Wales Sales $901,000 $2,480,000 Average operating
Selected operating data for two divisions of Outback Brewing, Ltd., of Australia are given below: Division New South Queensland Wales Sales $901,000 $2,480,000 Average operating assets 530,000 $ $ 620,000 Net operating income $ 54,060 $ 74,400 248,000 Property, plant, and equipment (net) $ $ 198,000 Required: 1. Compute the rate of return for each division using the return on investment (ROI) formula stated in terms of margin and turnover. (Round your answers to 2 decimal places.) Margin Turnover ROI % Queensland division New South Wales division % % % 2. Which divisional manager seems to be doing the better job? O Queensland division O New South Wales division
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