Exercise 12-2 Computing and Interpreting ROI (LO2- CC4) Selected operating data for two divisions of Outback Brewing, Ltd. of Australia are as follows: Division New South Queensland Wales Sales $ 3,700, eee $ 5,800, eee Average operating assets 925, eee 2,320, eee Net operating income 518, eee 410, eee Property, plant, and equipment (net) 464, eee 2,188, eee Required: 1. Compute the rate of return for each division using the ROI formula stated in terms of margin and turnover. (Do not round Intermediate calculations and round your final answers to 2 decimal places.) Rate of Return Queensland New South Wales 2. Which divisional manager seems to be doing the better job? Queensland O News South Wales