Performance Evaluation 1.0 Selected operating data for two divisions of Outback Brewing Ltd. are given below: Sales........... Average total operating assets.. Operating income...... Plant and equipment (net).. Queensland New South Wales $4,000,000 $2,000,000 $7,000,000 $2,000,000 $ 360,000 $ 420,000 $ 950,000 $ 800,000 Required: a) Compute the rate of return for each division using the ROI formula stated in terms of margin and turnover. b) Compute residual income for each division, assuming the required rate of return is 15%. (Total: 10 Marks)