Question: 18 Exercise 11-8 (Algo) Computing and Interpreting Return on Investment (ROI) (LO11-1] 0.23 points 8 02*** Selected operating data for two divisions of Outback Brewing,
18 Exercise 11-8 (Algo) Computing and Interpreting Return on Investment (ROI) (LO11-1] 0.23 points 8 02*** Selected operating data for two divisions of Outback Brewing, Limited, of Australia are given below. Division Queensland New South Wales Sales $ 1,159,800 $ 1,617,000 Average operating assets $ 610,000 $ 490,000 Net operating income $ 127,490 $ 129, 360 Property, plant, and equiptent (net) $ 240,000 $ 190,000 Required: 1 Compute each division's margin, turnover, and return on investment (ROI). 2. Which divisional manager seems to be doing the better job? look Beferences Complete this question by entering your answers in the tabs below. Required Requred 2 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 Required 2 >
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