Question: Selected operating data for two divisions of Outback Brewing, Ltd., of Australia are given below: Division Queensland New South Wales Sales Average operating assets
Selected operating data for two divisions of Outback Brewing, Ltd., of Australia are given below: Division Queensland New South Wales Sales Average operating assets Net operating income $936,000 $1,972,000 $520,000 $580,000 $ 98,280 $ 147,900 Property, plant, and equipment (net) $249,000 $ 199,000 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 % %
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