Question: Selected operating data for two divisions of Outback Brewing, Ltd., of Australia are given below: Division Sales New South Wales $ 2,480,000 $ 620,000

Selected operating data for two divisions of Outback Brewing, Ltd., of Australia are given below: Division Sales New South Wales $ 2,480,000 $ 620,000 Queensland $ 901,000 $530,000 $ 54,060 Average operating assets. Net operating income $ Property, plant, and equipment (net) $ 248,000 $ 74,400 198,000 Required: 1. Compute the rate of return for each division using the return on investment (ROI) formula stated in terms of margin and turnover. 2. Which divisional manager seems to be doing the better job? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the rate of return for each division using the return on investment (ROI) formula stated in terms of margin and turnover. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Margin Turnover ROI Queensland division New South Wales division Required 2 > % % Required 1 % Selected operating data for two divisions of Outback Brewing, Ltd., of Australia are given below: Division Queensland Sales $ Average operating assets Net operating income New South Wales 901,000 $ 2,480,000 530,000 $ 620,000 54,060 $ 74,400 $ 248,000 $ 198,000 $ $ Property, plant, and equipment (net) Required: 1. Compute the rate of return for each division using the return on investment (ROI) formula stated in terms of margin and turnover. 2. Which divisional manager seems to be doing the better job? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Which divisional manager seems to be doing the better job? Queensland division New South Wales division
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