Question: Exercise 11-8 (Algo) Computing and Interpreting Return on Investment (ROI) [LO11-1] Selected operating data for two divisions of Outback Brewing, Limited, of Australia are given
Exercise 11-8 (Algo) Computing and Interpreting Return on Investment (ROI) [LO11-1] Selected operating data for two divisions of Outback Brewing, Limited, of Australia are given below.. Sales Average operating assets Net operating income Property, plant, and equipment (net) Required: Queensland Division $ 1,003,000 $ 590,000 $ 90,270 $ 242,000 New South Wales $ 1,891,000 $ 610,000 $ 113,460 $ 192,000 1. Compute each division's margin, turnover, and return on investment (ROI). 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. (Round your answers to 2 decimal places.) Queensland division New South Wales division Margin Turnover ROI % cept Overviews, Exercises, Problems i Saved Exercise 11-8 (Algo) Computing and Interpreting Return on Investment (ROI) [LO11-1] Selected operating data for two divisions of Outback Brewing, Limited, of Australia are given below: Sales Average operating assets Net operating income Property, plant, and equipment (net) Required: Queensland $ 1,003,000 Division $ 590,000 $ 90,270. $ 242,000 New South Wales $ 1,891,000 $ 610,000 $ 113,460 $ 192,000 1. Compute each division's margin, turnover, and return on investment (ROI). 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? OQueensland division New South Wales division
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