Question: Exercise 11-8 Computing and Interpreting Return on Investment (ROI) L011-11 Selected operating data for two divisions of Outback Brewing, Ltd. of Australia are given below.

Exercise 11-8 Computing and Interpreting Return on Investment (ROI) L011-11 Selected operating data for two divisions of Outback Brewing, Ltd. of Australia are given below. Division New South Queensland Wales $825,000 $2,688,000 Sales $550,000 640,000 Average operating assets 56,100 80,640 Net operating income $246,000 196,000 Property, plant, and equipment (net) Required: 1. 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 ROI Turnover Queensland division New South Wales division
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