Ok Selected operating data for two divisions of Outback Brewing, Ltd., of Australia are given below Sales Average operating assets het operating Income Property, plant, and equipment (net) Division Queensland $1,302,000 $ 620,000 $ 71,610 $ 239,000 New South Wales $ 2,444,000 $520,000 $61,100 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.

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Selected operating data for two divisions of Outback Brewing, Ltd., of Australia are given below
Division
Sales
Average operating assets
Net operating Income
Property, plant, and equipment (net)
Queensland
$1,302,000
$ 620,000
$71,610
$ 239,000
Required:
1 Compute the rate of return for each division using the return on investment (RO) 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.
Queenstand division 1
New South Wales division
Required 1 Required 2
Compute the rate of return for each division using the return on investment (RO1) formula stated in terms of margin and
turnover. (Do not round intermediate calculations. Round your answers to 2 decimal places)
Margin
New South les
$ 2,444,000
$520,000
$61,100
$180,000
Turnaver
EROT
Required 2 >
Transcribed Image Text:Book Hint 0 rences Selected operating data for two divisions of Outback Brewing, Ltd., of Australia are given below Division Sales Average operating assets Net operating Income Property, plant, and equipment (net) Queensland $1,302,000 $ 620,000 $71,610 $ 239,000 Required: 1 Compute the rate of return for each division using the return on investment (RO) 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. Queenstand division 1 New South Wales division Required 1 Required 2 Compute the rate of return for each division using the return on investment (RO1) formula stated in terms of margin and turnover. (Do not round intermediate calculations. Round your answers to 2 decimal places) Margin New South les $ 2,444,000 $520,000 $61,100 $180,000 Turnaver EROT Required 2 >
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