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Selected operating data for two divisions of Outback Brewing, Ltd., of Australia are given below: Division New South Wales Queensland Sales Average operating assets Net
Selected operating data for two divisions of Outback Brewing, Ltd., of Australia are given below: Division New South Wales Queensland Sales Average operating assets Net operating income Property, plant, and equipment (net) $ 1,711,000 2,832,000 $590,000 590,000 $ 102,660 113,280 $ 259,000 $ 209,000 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? 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) formula stated in terms of margin and turnover. (Do not round intermediate calculations. Round your answers to 2 decimal places.) ROI Margin Turnover Queensland division New South Wales divisio Required 1 Required 2 Which divisional manager seems to be doing the better job? OQueensland division ONew South Wales division
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