Question: Selected operating data for two divisions of Outback Brewing, Ltd, of Australia are given below: Division New South Sales Average operating assets Net operating income
Selected operating data for two divisions of Outback Brewing, Ltd, of Australia are given below: Division New South Sales Average operating assets Net operating income Property, plant, and equipment (net) Queensland Wales $1,624,000 $2,444,000 $ 580,000 520,000 $ 154,280 $ 158,860 258,000 208,000 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 ROl percentage answers to 2 decimal places (i.e., 0.1234 should be entered as 12.34).) Margin Turnov Queensland division New South Wales division 2. Which divisional manager seems to be doing the better job? O Queensland division O New South Wales division
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