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
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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: Division Sales Average operating assets Net operating income Property, plant, and New South Queensland Wales $ $ 1,984,000 2,907,000 $ 620,000 $ 570,000 $ 148,800 $ 145,350 $ 262,000 $ 212,000 equipment (net) Required: 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 Required 1 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 % % %
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