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Selected operating data for two divisions of Outback Brewing, Ltd., of Australia are given below: Division Queensland New South Wales $ 784,000 $ 1,485,000 $
Selected operating data for two divisions of Outback Brewing, Ltd., of Australia are given below: Division Queensland New South Wales $ 784,000 $ 1,485,000 $ 560,000 495,000 Sales Average operating assets Net operating income Property, plant, and equipment (net) $ 82,320 118,800 195,000 $ 245,000 Required: 1. Compute the rate of return for each division using the return on investment (ROI) formula stated in terms of margin and turnover. (Do not round intermediate calculations. Round your answers to2 decimal places.) Margin Turnover ROI Queensland division New South Wales division times 2. Which divisional manager seems to be doing the better job? O Queensland division New South Wales division
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