Question: Need help please!! Selected operating data for two divisions of Outback Brewing, Ltd., of Australia are given below: Division Queensland New South Wales Sales $

Need help please!!

Selected operating data for two divisions of Outback Brewing, Ltd., of Australia are given below:

Division

Queensland New South Wales
Sales $ 784,000 $ 1,485,000
Average operating assets $ 560,000 $ 495,000
Net operating income $ 82,320 $ 118,800
Property, plant, and equipment (net) $ 245,000 $ 195,000

Required:
1.

Compute the rate of return for each division using the return on investment (ROI) formula stated in terms of margin and turnover. (Round your Turnover answers to 2 decimal places. Round your Margin and ROI percentage answers to 2 decimal places (i.e., 0.1234 should be entered as 12.34).)

Margin Turnover ROI
Queensland division % %
New South Wales division % %

2. Which divisional manager seems to be doing the better job?
Queensland division
New South Wales division

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