Chapter 11 Exercises i Saved Selected operating data for two divisions of Outback Brewing, Ltd., of Australia are given below: points Division New South Queensland Wales Sales $2,176,000 $3,445,000 Average operating assets $ 640,000 $ 650,000 Net operating income $ 250, 240 $ 275,600 Property, plant, and $ 264,000 $ 214,000 equipment (net) eBook Hint 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? Ask Print Complete this question by entering your answers in the tabs below. References Required Required Compute the rate of return for each division using the return on investment (ROI) formula stated in terms of margin and turnover. (Round your answers to 2 decimal places.) Margin Turnover ROI Queensland division New South Wales division Required 1 Required 2 >
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