Selected operating data for two divisions of Outback Brewing, Ltd., of Australia are given below:...
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Selected operating data for two divisions of Outback Brewing, Ltd., of Australia are given below: Division New South Queensland Wales Sales Average operating assets Net operating income Property, plant, and equipment (net) $ 936,000 $ 1,972,000 $520,000 580,000 $ 98,280$ 147,900 $ 249,000 199,000 Required: 1. Compute the rate of return for each division using the return on investment (ROl) 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 1Required 2 Which divisional manager seems to be doing the better job? OQueensland division ONew South Wales division
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