Selected operating data for two divisions of Outback Brewing, Ltd. of Australia are as follows: Sales Average operating assets Net operating income Property, plant, and equipment (net) Division New South Queensland Wales $ 3,400,000 $ 5,400,000 1,360,000 3,600,000 578,000 400,000 270,000 1,600,000 Required: 1. Compute the rate of return for each division using the ROI formula stated in terms of margin and turnover. (Do not round intermediate calculations and round your final answers to 2 decimal places.) Rate of Return Queensland New South Wales 2. Which divisional manager seems to be doing the better job? Queensland O News South Wales Selected sales and operating data for three divisions of a multinational structural engineering firm are provided below: Sales Average operating assets Net operating income Minimum required rate of return Division Asia Europe North America $ 25,000,000 $ 27,000,000 $ 38,000,000 6,250,000 9,680,000 15,200,000 937,500 790,000 1,672,000 15% 11% 17% Required: . Compute the ROI for each division using the formula stated in terms of margin and turnover. (Do not round intermediate alculations and round your final answers to the nearest whole percent.) ROI % Asia division Europe division North America division % 2. Compute the RI for each division. RI Asia division Europe division North America division 3. Assume that each division is presented with an investment opportunity that would yield a 14% rate of return. a. If performance is being measured by ROI, which division(s) will probably accept the opportunity? Reject the opportunity? ROI Asia division Europe division North America division . If performance is being measured by RI, which division(s) will probably accept the opportunity? Reject the opportunity? RI Asia division Europe division North America division