Question: 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

 Selected operating data for two divisions of Outback Brewing, Ltd. of

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 $ 3,300,000 $ 6,400,000 1,100,000 3,200,000 330,000 410,000 320,000 2,200,000 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.) Queensland New South Wales Rate of Return % % 2. Which divisional manager seems to be doing the better job? Queensland

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