Exercise 10-8 Computing and Interpreting Return on Investment (ROI) (LO10-1) Selected operating data for two divisions of Outback Brewing, Ltd., of Australia are given below: Sales Average operating assets Net operating income Property, plant, and equipment (net) Division New South Queensland Wales $1,159,000 $ 1,617,000 $ 610,000 490,000 $ 127,490 $ 129,360 $ 240,000 6 190,000 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.) Turnover ROI Queensland division New South Wales division Margin % % Fire Required 2 > Exercise 10-8 Computing and Interpreting Return on Investment (ROI) (LO10-1) Selected operating data for two divisions of Outback Brewing., Ltd., of Australia are given below: Division New South Queensland Wales Sales $ 1,159.000 61,617,000 Average operating assets 610,000 $ 490,000 Net operating income $ 127,490 $ 129,360 Property, plant, and equipment (net) $ 240,000 $ 190,000 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 Which divisional manager seems to be doing the better Job? Queensland division New South Wales division