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

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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