Question
Two divisions of Koala Winery Ltd. report the following data: Division Queensland New South Wales Sales $ 3,300,000 $ 6,600,000 Average operating assets 1,650,000 6,600,000
Two divisions of Koala Winery Ltd. report the following data:
| Division | ||||
| Queensland | New South Wales | |||
| Sales | $ | 3,300,000 | $ | 6,600,000 |
| Average operating assets | 1,650,000 | 6,600,000 | ||
| Net operating income | 330,000 | 390,000 | ||
| Property, plant, and equipment (net) | 462,000 | 1,700,000 | ||
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 | % |
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Handbook On Energy Audit And Environment Management
Authors: Y.P. Abbi, Shashank Jain
1st Edition
8179930920, 978-8179930922
